日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Holiday consumption robust amid China's consumer-led growth

(Xinhua) Updated: 2016-02-14 16:23

Holiday consumption robust amid China's consumer-led growth

Samuel Keith (right), 26, from Minnesota in the United States, who is studying Chinese at Peking University in Beijing, takes a customer's phone number from a colleague before delivering a parcel as a part-time express courier for Chinese retail giant Suning.[Photo/China Daily]

BEIJING -- Booming tourism, cinema and retail sales during the week-long Spring Festival holiday show that China's efforts to make its economy more reliant on the consumption power of its vast population is paying off.

The increasingly affluent Chinese are not only willing to spend, they spend more wisely and healthily. Aside from big feasts during family reunions, activities such as domestic and overseas travel, movies and health products have caught on.

Shops and restaurants across the country brought in 754 billion yuan ($115 billion), up 11.2 percent over the same period last year, the Ministry of Commerce said.

On Feb 8, the first day of the Year of the Monkey according to the lunar calendar, box office reached a record 660 million yuan.

These higher figures did not come from nowhere. Online vendors went full throttle with promotional events and delivery companies worked around the clock.

The Spring Festival is no longer a travel rush characterized by hardship. People now travel comfortably in high-speed trains while the gifts bought online are delivered to their relatives and friends.

Statistics from e-commerce giant Alibaba showed that around 14 percent of orders during its holiday promotion were delivered to different addresses, meaning around 280 million orders were likely holiday gifts.

"A precondition for online vendors to cash in on the holiday is that express delivery companies continued operating thanks to an ample supply of labor. This is an evidence of how fast the Chinese service industry is growing," said Zhao Ping, a researcher with the China Council for the Promotion of International Trade.

Restaurants had a busy week from hosting family dinners. Their business was given added impetus as they worked closer with e-commerce platforms. Sales of 27 restaurants surveyed in the Chongqing Municipality grew 16.6 percent to 8.37 million yuan thanks to cooperation with online platforms including Meituan and Baidu Nuomi.

As income keeps growing, people have become more enthusiastic with other alternatives to celebrate the Chinese New Year. Family gatherings are no longer restricted to hometowns, but have expanded to exotic locales.

Zhang Li, a resident of Shanghai, took her family on a trip to Thailand on Feb 9. "An overseas trip is an attractive option to while away the holiday," she said.

The Chinese are not only more mobile, they travel with more stylish. According to China's leading online travel agent Ctrip, 60 percent of the hotel reservations by Chinese tourist in overseas trips went to four and five-star hotels. The figure for domestic trips was 53 percent. Last year, the figures were 51 percent and 35 percent respectively.

"The preference for better star-rated hotels means Chinese are willing to spend more to ensure enjoyable trips. They have higher demand on quality now," a Ctrip spokesperson said.

The booming holiday market is welcome news for China as it strives to retool its economy from investment-led to one that relies more on consumption and innovation. The economy saw a 6.9-percent growth in 2015, the slowest annual expansion in a quarter century, but consumption has emerged as the new growth driver.

Last year, consumption contributed to 66.4 percent of China's gross domestic product, up 15.4 percentage points from 2014.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产夫妻av | 神马久久香蕉 | 免费黄网站在线观看 | 97人人艹 | 成人影片在线 | 日韩欧美久久久 | 玖玖爱资源站 | 国产福利视频在线观看 | 可以在线观看的av网站 | 欧美成人777 | 日本a级黄色 | 久久这里只有精品99 | 国产激情免费 | 久久国产精品无码网站 | av视屏| 你懂的在线看 | h视频网站在线观看 | 亚洲大胆人体 | 久久久久久9999 | 日产精品久久久一区二区 | 黄色免费网站大全 | 日本三级精品 | 日韩女优在线播放 | 日韩视频在线免费 | 亚洲天堂视频在线 | 亚洲大胆人体 | 性做爰过程免费播放 | 欧美成人性生活视频 | 国产午夜久久久 | 秋霞影院午夜伦 | 日韩欧美国产网站 | 97国产在线 | 亚洲成人黄色小说 | 成人在线欧美 | 日本高清www免费视频 | 欧美精品黄色 | 69老司机 | 午夜av一区二区 | 成人片在线免费看 | 欧美黑人三级 | 亚洲日本三级 |