Retail: Holiday spending rises

(China Daily)
Updated: 2006-10-09 10:46

China's gross consumer goods retail sales hit 300 billion yuan (US$37.5 billion) during the "Golden Week" holiday (October 1-7), up 14.5 per cent on the same period of last year, according to the Ministry of Commerce.

A survey released on Saturday showed consumers spent their cash on a variety of products. Mobile phones, liquid crystal TV sets, digital devices, jewellery and clothes were among the bestsellers.

China has three week-long breaks each year, called "golden weeks". They take place at Spring Festival,  May 1 International Labour Day and October 1 National Day.

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