China's consumption market booms during New Year holiday
chinadaily.com.cn |
Updated: 2024-01-03 12:58
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According to e-commerce platform Meituan, the online transaction volume of dine-in restaurants in China surged 230 percent year-on-year during the first two days of the holiday.
Home parties, stove-boiled tea with chatting, live houses, and KTVs are still popular with young people; the orders for these climbed 225 percent year-on-year during the holiday.
Moreover, theme parks including Harbin Ice and Snow World, Shanghai Disney Resort, and Universal Beijing Resort also attracted the young consumer.
