Home » Consumer market demand continues to release “steaming”, illuminating China’s vibrant economy_Guangming.com

Consumer market demand continues to release “steaming”, illuminating China’s vibrant economy_Guangming.com

by admin

As the Lantern Festival approaches, consumer markets in various places continue to be hot during the Spring Festival, showing new consumption vitality.

As the Lantern Festival approaches, various places have launched “Chinese-style” themed lantern shows. The lantern festival being held in Shijiazhuang, Hebei Province integrates poetry culture into the lights. Visitors can enjoy the lanterns while reading poetry and feel the charm of China’s excellent traditional culture.

In the Suhewan Business District of Jing’an District, Shanghai, more than 10 colorful “temple fair dramas” such as the intangible cultural heritage fish lantern parade and folk music pop-up were staged in turn.

“National trend”, “national charm” and “domestic products” have become keywords in many business districts during this Spring Festival holiday.

The three core business districts of Hangzhou, Wulin, Hubin and Qianjiang New Town, create all-weather consumption scenarios integrating amusement, leisure, intangible cultural heritage, performing arts and situational experiences.

Foshan Lingnan Tiandi Ancient Street, the most Cantonese-style area in the Greater Bay Area, arranges southern lion dance parades every day to interact closely with tourists.

For the first time, Qingshen County, Meishan, Sichuan, has launched a traditional Chinese style market. At the Sansu Temple, there are everything from poetry competitions to lantern riddle guessing.

Big data shows that from the first to the tenth day of the first lunar month, the number of passengers in key business districts across the country reached 80.1 million, an increase of 81% compared with the same period in 2023. The surging crowds have boosted accommodation and catering consumption. Value-added tax invoice data from the State Administration of Taxation shows that throughout the Spring Festival holiday, the average daily sales revenue of accommodation services increased by 25.4% year-on-year, and the average daily sales revenue of catering services increased by 31.5% year-on-year. In Nanjing, Jiangsu, a number of gourmet restaurants’ “Nanjing first stores” have attracted a large number of consumers to try them out.

Offline consumption continues to heat up, and online consumption is also booming. During the month-long online New Year’s Festival, online retail sales exceeded 1 trillion yuan, a year-on-year increase of 9%. E-commerce platform data shows that the demand for quality consumption in county-level rural areas was unleashed during the Spring Festival, and the turnover of smart categories such as smart bathroom cabinets also increased more than tenfold year-on-year.

See also  Pick and plate in Medellin Wednesday July 19, 2023

The prosperous New Year is full of steaming life, and it also reflects the vibrant Chinese economy.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy