The vitality of the "11 Golden Week" will not reduce the overall consumption of Shanghai, Beijing and Shenzhen, the top three in China
Financial Associated Press, October 6 - with the improvement of domestic epidemic prevention and control situation, Chinese consumer confidence has further strengthened, and the consumer economy has continued to pick up in the golden week of the eleventh. Based on the consumption data of meituan's businesses (catering, accommodation, tourism, entertainment, travel, etc.), the overall consumption during this year's national day increased by 29.5% compared with last year's national day and 51.6% compared with 2019 national day. It is reported that the top 10 cities with overall consumption during this year's National Day are Shanghai, Beijing, Shenzhen, Guangzhou, Chengdu, Chongqing, Hangzhou, Wuhan, Suzhou and Xi'an, of which Wuhan has the highest year-on-year growth rate of 61.5%.
This text is a result of machine translation.
Related companies：
Briefing Jun 22, 2022 05:19 PM
· Technology
Shanghai headquarters of the central bank: Shanghai enterprises' exchange rate risk management has achieved positive results
In-depth
Consumer Staples
China’s Plastic Pollution Crusade and the Booming Food Delivery Market
It is not a secret that plastic pollution has posed a steep challenge for decades. In recent years, a plastic crisis was increasingly prompted by a surge in demand for plastic consumer staples driven by e-commerce and food delivery services. China has unleashed a robust kick against plastic waste – but some problems persist.
Feb 21, 2022 11:15 PM
Dec 11, 2023 08:49 PM
Research
AutomotiveFinancing and Investment Activities in China's Mobility Industry From 2012 to 2022
Oct 07, 2022 09:33 AM
Apr 25, 2022 01:02 PM
Jun 29, 2021 11:48 PM
Briefing May 10, 2022 01:55 PM
TSMC: the consolidated revenue in April was about NT $172.561 billion, a year-on-year increase of 55%
Consumer Staples
Meituan Experienced a Nearly 40% Surge in Delivery Order in Beijing
During the May Holiday, China’s largest online delivery platform Meituan witnessed a rise in catering orders compared with the same period last year. The order numbers rose more than 40% compared to the previous day in Beijing.
May 03, 2022 12:00 PM
Consumer Staples
China’s State Planner Imposed Regulatory Rules On Online Food Ordering Platform
On February 18, 2022, China’s National Development and Reform Commission (NDRC), issued a set of rules to help struggling restaurants to recover from the pandemic. The online food delivery platforms have been hammered and over-reacted in response to lower service fees of restaurants.
Feb 23, 2022 11:54 PM
See more
Read next
Insight
In-depth
Insight
In-depth