Statistics
China's retail sales up 17% during Spring Festival
(Xinhua)
Updated: 2010-02-20 08:43
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BEIJING: China's retail sales hit 340 billion yuan ($49.8 billion) during the "golden week" of Spring Festival, up 17.2 percent over the same period of last year, the Ministry of Commerce (MOC) said Friday.
Boosted by various sales promotion activities, the weeklong Spring Festival holiday, which started from Feb 13 this year, is China's closest equivalent to the West's Christmas shopping season.
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Communication equipments, jewelry, garments and home appliances were also customers' hot choices, sales of which soared 19.2 percent, 19.1 percent, 17.7 percent and 15.4 percent, respectively.
