Consumption booms during prolonged holiday

Domestic consumption witnessed rapid recovery during the prolonged eight-day holiday covering National Day and Mid-Autumn Festival. Transactions via China UnionPay network reached 2.16 trillion yuan ($321.32 billion) from Oct 1 to 7, up 6.3 percent on a yearly basis.

Sales of major retail and catering enterprises totaled 1.6 trillion yuan on Oct 8, an increase of 4.9 percent compared with the same day last year.