E-com­merce boosts Bei­jing’s Spring Fes­ti­val sales

China Daily (Canada) - - NEWS CAPSULE -

On­line sales helped boost con­sump­tion in Bei­jing over Spring Fes­ti­val to its high­est level in five years, ac­cord­ing to the Mu­nic­i­pal Com­mis­sion of Com­merce.

Peng Feng, an of­fi­cial with the com­mis­sion, said 120 ma­jor en­ter­prises that it mon­i­tors in the com­merce and ser­vice sec­tors had recorded a to­tal rev­enue of $680 mil­lion (4.68 bil­lion yuan) dur­ing the an­nual Spring Fes­ti­val hol­i­day from Jan 27 to Feb 2, equat­ing to 9.8-per­cent year-on-year growth.

On­line re­tail­ers, such as JD.com and Sun­ing, have played a key role in this growth, as they stayed open dur­ing the hol­i­days and of­fered pro­mo­tions, Peng said.

Sales in­creased at malls, which achieved their first growth in three years, and sales at su­per­mar­kets and con­ve­nience stores in­creased by more than 10 per­cent.

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