Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Local

Hainan's consumer market remains buoyant during Spring Festival holiday

February 19, 2021


Abstract : The consumer market in China's resort island Hainan province remained buoyant during the seven-day Spring Festival holiday.

getAttachment.png

Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. (Xinhua/Guo Cheng)

BEIJING, Feb. 19 (Xinhua) -- The consumer market in China's resort island Hainan province remained buoyant during the seven-day Spring Festival holiday, reported local newspaper on Thursday.

According to the report, offshore duty-free shops in the province launched a series of promotional activities one after another during the period to attract tourists and spur their consumption enthusiasm.

Data from the provincial department of commerce showed that nine duty-free stores in Hainan saw their total sales volume reach 1.5 billion yuan during the holiday, twice the figure registered during the Spring Festival holiday in 2019. And more than 200,000 tourists visited these duty-free shops during the period. 

At the same time, consumption in traditional supermarkets also picked up steam during the period, as sales of nine large supermarkets in the province, including Carrefour, RT-Mart and China Resources Vanguard, surged 86.23 percent year on year to 110 million yuan during the holiday.(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Hainan consumer marekt

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial