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Singles Day achieves new sales record

By He Wei in Shanghai | China Daily | Updated: 2018-11-12 08:09

Chinese consumers shrugged off any concerns over a slowing economy by snapping up goods and services from home and abroad during the Singles Day online shopping gala, which falls on Nov 11 each year.

And the one-day annual buying frenzy broke last year's record.

The 24-hour shopping flurry, which is celebrating its 10th year, is the latest exemplification of how domestic consumption is increasingly becoming a major economic growth driver and is unlikely to be overshadowed by temporary trade frictions, experts said.

Singles Day achieves new sales record

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