Consumers splurge during 15-day festival

Advanced Search

The story appears on

Page A2

May 14, 2021

GET this page in PDF

Free for subscribers

View shopping cart

Consumers splurge during 15-day festival

Source: Shanghai Daily | 00:11 UTC+8 May 14, 2021 |

Print Edition

CHINESE consumers spent 692.8 billion yuan (US$107.22 billion) over the course of a 15-day online shopping festival that ended on Wednesday. This represents a year-on-year growth of 26.7 percent, commerce ministry spokesperson Gao Feng said yesterday.

The online shopping festival, jointly launched by the Ministry of Commerce and other offices, is a nationwide campaign designed to boost quality consumption. The sales revenue of physical commodities surged 25.9 percent year on year to 562 billion yuan during the festival, with Chinese brands accounting for 73.8 percent of total sales, the data shows. Sales of travel packages soared 330 percent from a year ago, and catering services sales surged 51.1 percent.

(Xinhua)

Business

About Us
|
Terms of Use
|
RSS
|
Privacy Policy
|
Contact Us
|
Shanghai Call Center: 962288
|
Tip-off hotline: 52920043

沪ICP证：沪ICP备05050403号-1
|
互联网新闻信息服务许可证：31120180004
|
网络视听许可证：0909346
|
广播电视节目制作许可证：沪字第354号
|
增值电信业务经营许可证：沪B2-20120012

Consumers splurge during 15-day festival

Email this to your friend