China’s retail, catering, box office sales jump during Spring Festival holidays
China’s retail, catering, box office sales jump during Spring Festival holidays

China’s retail, catering, box office sales jump during Spring Festival holidays

 

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China's retail, catering and cinema box office sales jumped during the week-long Spring Festival holidays. Local travels surged in the holiday as Chinese were encouraged to avoid long-distance trips to help contain a series of COVID-19 flare-ups.

The total revenue generated by China's key retailers and catering companies during the holidays (February 11 - 17) increased 28.7 per cent from the holiday last year to 821 billion yuan, rising 4.9 per cent higher from the same period in 2019, according to data released by the Ministry of Commerce.

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