Source: China Daily
02-02-2009 10:14
Special Report: 2009 Spring FestivalMonths after the government shifted its focus to domestic consumption following an unprecedented export slowdown caused by the economic crisis, Chinese consumers have finally responded with their wallets.
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Buying spree during the Spring Festival holiday in Nanning, capital city of southwestern Guangxi Zhuang autonomous region. (Xinhua Photo) |
The country's consumer spending rose strongly during the Lunar New Year holiday period, which just ended, the Ministry of Commerce said on Saturday.
Retail sales climbed to 290 billion yuan ($42.5 billion) in the week through Saturday, up 13.8 percent from the equivalent holiday week in 2008, the ministry estimated.
Meanwhile, a 15 percent increase in both the number of tourists and tourism revenue has been estimated for 19 tourist destinations nationwide during the week, according to the latest press release of the National Tourism Administration, posted on its website (www.cnta.gov.cn) on Sunday.
Holiday travel rose 20 to 40 percent in the economic powerhouses of Jiangsu, Zhejiang and Guangdong, while the tourism market flourished in the southwestern Yunnan, Sichuan and Guizhou provinces as well as Chongqing municipality, the document said.
Instead of traditional family reunions at home, "traveling has emerged as an important option in celebrating the Spring Festival for our citizens" this year, it concluded.