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Consumption booms during prolonged holiday

chinadaily.com.cn | Updated: 2020-10-09 13:22
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Consumers look at creative products at a bookstore in Nanjing, on Oct 7, 2020. [Photo/Sipa]

Domestic consumption witnessed rapid recovery during the prolonged eight-day holiday covering National Day and Mid-Autumn Festival. Transactions via China UnionPay network reached 2.16 trillion yuan ($321.32 billion) from Oct 1 to 7, up 6.3 percent on a yearly basis.

Sales of major retail and catering enterprises totaled 1.6 trillion yuan on Oct 8, an increase of 4.9 percent compared with the same day last year.

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