Holiday week spending over 1 trillion yuan
Consumers seeking quality products, services, shoring up domestic demand
Chinese consumers opened their wallet during Spring Festival, not only on things like digital home appliances and imported fresh food but also on experiences such as travel and entertainment, government figures showed.
Shopping, dining out, travel and entertainment accounted for most of the consumer spending during the week-long holiday. Analysts and officials said the strong domestic demand will inject further growth momentum into the economy in 2019 as the government unveils more policies to spur consumption.
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