China retail, catering sales surge in holiday
Updated: 2012-10-08 20:46
(Xinhua)
|
||||||||
BEIJING - China's retail and catering industries saw a surge in sales during the just-finished eight-day national holiday, driven by demand for jewelry, clothes, home appliances and banquets, new data has revealed.
The combined sales of major retail and catering enterprises in the country rose 15 percent to 800.6 billion yuan (126.3 billion US dollars) during the September 30-October 7 holiday period compared with last year's equivalent period, according to statistics released on Monday by the Ministry of Commerce (MOC).
The growth was slightly slower than the 17.5 percent year-on-year increase recorded in the corresponding period of last year, the MOC figures showed.
Buyers mainly targeted gold and silver jewelry, clothes, digital products and home appliances, while wedding and family banquets boosted catering sales, the MOC said in a statement.
The prices of daily necessities in 36 major cities were stable during the holiday due to abundant supply, it added.
China's week-long National Day Holiday is dubbed "Golden Week" for domestic consumption. This year's holiday bridged the Mid-Autumn Festival and the National Day Holiday and lasted longer than usual.
- Relief reaches isolated village
- Rainfall poses new threats to quake-hit region
- Funerals begin for Boston bombing victims
- Quake takeaway from China's Air Force
- Obama celebrates young inventors at science fair
- Earth Day marked around the world
- Volunteer team helping students find sense of normalcy
- Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |