Upbeat commodity consumption upgrade

From Oct 1 to Oct 7, retail and catering enterprises across the country achieved sales of about 1.4 trillion yuan ($203 billion), with daily sales increasing by 9.5 percent year-on-year, data released by the Ministry of Commerce showed.

Organic food, gold and silver jewelry, ultra-high-definition televisions, smartphones, smart home appliances and automobiles all sold well during the holiday. The data showed key commercial enterprises in Northwest China's Shaanxi, Southwestern China's Yunnan and Sichuan and Central China's Hubei provinces grew by 12.7 percent, 12 percent, 11.3 percent and 11.1 percent year-on-year, respectively.

The catering market was flourishing, with popular restaurants widely favored. The income of key monitoring catering enterprises in Shaanxi, East China's Jiangsu and Hubei provinces increased by 13.2 percent, 12.6 percent and 12.5 percent year-on-year, respectively.