Retail spending up 20.5% over Chinese New Year holiday

Consumer and Retail

Friday, October 10, 2008 21:05:53

	Retail spending up 20.5% over Chinese New Year holiday By STAFF EDITOR Published: February 13, 2008 12:00 PM Disrupted travel plans drove retail sales in Shanghai up 20.5% on a year earlier to US$584.63 million (RMB4.2 billion) during the weeklong Chinese New Year holiday, the Shanghai Business Journal reported, citing figures from the local office of the National Development and Reform Commission (NDRC). ... You are currently reading 45 words of 139 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: retail , GDP	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Online shoppers account for 40% of Chinese netizens Garment makers targeting domestic market outperform exporters Domestic spending worth $4.25t by 2020 Retail spending emerges as major economic growth driver White goods leasing gains ground in China Chinese online sellers earn avg US$305/month Alibaba and Home Inns team up to bring SMEs online

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