News

Spring Festival sales boom in Fengxian

Feb 14, 2019


Sales in suburban Fengxian District over the seven-day Spring Festival holiday reached 290 million yuan (US$43 million), up 35.8 percent from the same period last year.

Shopping malls attracted guests with multiple events and promotions and gained 37.5 percent more than the last Spring Festival.

Supermarkets welcomed more customers at this time as families prepared holiday gifts and e-commerce delivery was suspended during the period.

Home appliance sales were stable, with discounts and lottery sessions.

As a time for families to get together, the holiday boosted the dining industry as well. On New Year's Eve, the consumption volume grew 2 percent from last year.

Meat and seafood prices edged up a bit due to the holiday, but supply was sufficient over the period.

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