The expansion of consumption during the Spring Festival and the upgrading of quality have further st

Mondo Finance Updated on 2024-02-20

Original title: The expansion and upgrading of consumption during the Spring Festival will further stimulate the momentum of China's economy.

CCTV *** Spring Festival of the Year of the Dragon, China's consumer market is hot. According to the Ministry of Commerce's business big data monitoring, during the Spring Festival, the sales of key retail and catering enterprises across the country increased by 8 percent year-on-year on a comparable basis5%。

According to the data released by the Ministry of Commerce, in terms of commodity consumption, the sales of green organic food, gold, silver and jewelry increased by about 20% year-on-year; In terms of service consumption, catering consumption such as Chinese New Year's Eve dinners and family and friend banquets was strong, and the sales of catering enterprises monitored by business big data increased by about 17% year-on-year. The sales of dragon element jewelry, new Chinese clothing, shoes and hats have doubled, and the national tide, national rhyme, and domestic products have shined. In the county market, the sales of domestic floor scrubbers, dishwashers and other smart home products increased by more than 60%. Ice and snow consumption, cultural and sports consumption is particularly hot.

In Sanya, Hainan Province, various scenic spots are actively creating new formats and new scenes, and new experiences such as 360-degree immersive performances, parent-child amusement, entertainment lantern exhibitions, and dome theaters in the whole park have brought prosperity to leisure consumption.

According to the monitoring of key e-commerce platforms by business big data, during the 2024 National Online New Year Festival, the national online retail sales will reach 11,860200 million yuan, an increase of 9% over last year's New Year's Festival.

Chen Lifen, a researcher at the Institute of Market Economy of the Development Research Center, said that various localities have also actively introduced measures to promote consumption, create consumption scenes of traditional culture, and promote the full release of online and offline consumption vitality, which also demonstrates the vitality, potential and resilience of China's consumer economy, which will further enhance market confidence and strengthen expectations, thereby promoting consumption from recovery to continuous expansion.

During the Spring Festival, the average daily transaction processed by online payment was 26300 million transactions, a year-on-year increase of 186%

According to data from the People's Bank of China, the industry-wide online payment transactions processed by the Netlink Clearing Corporation and China UnionPay continued to grow, with an average of 26 transactions processed per day from Chinese New Year's Eve to the eighth day of the Lunar New Year300 million, amount 125 trillion yuan, compared with last year's Spring Festival holiday, the average daily increase of 186% and 80%。

Hainan: The amount of duty-free shopping on the outlying islands during the Spring Festival holiday is 24$8.9 billion.

During the Spring Festival, the duty-free market on Hainan Island continued to be hot. According to the statistics of Haikou Customs, from February 10 to 17, Haikou Customs supervised a total of 24 duty-free shopping on the outlying islands8.9 billion yuan, the number of shoppers is 29770,000 person-times, with an average per capita consumption of 8,358 yuan.

On February 17, the reporter saw in a duty-free shopping city in Sanya that although it was the last day of the Spring Festival holiday, it was still crowded, and many people were waiting in a long line to check out in the perfume and cosmetics area. The reporter found that during the Spring Festival, the consumption coupons issued by the company can be superimposed on the discounts and multiple points of duty-free shops, and these preferential policies also play an important role in the sales of duty-free goods.

With the development of Hainan's duty-free industry, duty-free goods have become a must-buy "Hainan specialty" for tourists coming to Hainan. Last year's new pick-up methods such as "buy and pick up" and "guarantee and pick up" have also greatly improved the duty-free shopping experience for tourists.

In addition, in order to effectively alleviate the stocking pressure brought by the peak winter tourism season in Hainan and the Spring Festival holiday to duty-free enterprises, Haikou Customs arranged special personnel to work overtime during the holidays to review documents and build a fast channel for commodities to ensure that duty-free goods are shipped out of the warehouse and put on the shelves in a timely manner.

Guangdong: Hong Kong and Macao tourists go north for the festival to become a new fashion, cross-border vehicles increased by 246% year-on-year

This Lunar New Year holiday is the first Spring Festival holiday after the official implementation of the "Hong Kong cars going north" policy. From the first day to the eighth day of the Lunar New Year, the inbound and outbound vehicles at the Zhuhai Highway Port of the Hong Kong-Zhuhai-Macao Bridge continued to rise. It has become a new fashion for Hong Kong and Macao residents to go north for the holidays.

According to statistics from Gongbei Customs, from February 10 to February 17, 12 vehicles entered and exited through the Zhuhai Highway Port of the Hong Kong-Zhuhai-Macao Bridge60,000 vehicles, an increase of 246% compared with the same period last year. Among them, the "northbound" Hong Kong and Macao single-license car 880,000 vehicles, accounting for 70%, Hong Kong and Macao residents driving "Hong Kong cars to the north" and "Macao cars to the north" single-plate vehicles in and out of Guangdong cross-border festivals has become a new fashion.

In addition, a number of activities were held in Guangdong and Macao during the Spring Festival holiday to attract tourists, and the Gongbei Port also showed the characteristics of a two-way peak this year. During this year's Spring Festival, Macao's "Dragon Horse Spirit" fireworks display, float parade and celebrity festival are intertwined with the Spring Festival cultural and tourism performances launched by various districts in Zhuhai and the Spring Festival activities launched by various characteristic scenic spots, which not only attracts tourists from the province to start a short journey, but also attracts tourists from other mainland provinces, which greatly stimulates the cross-border tourism boom between Zhuhai and Macao. According to the statistics of the Gongbei Border Inspection Station, from February 10 to 17, the total number of people traveling between Zhuhai and Macao through the Gongbei Port reached more than 2.08 million, an increase of more than 60% compared with last year's Spring Festival, and the highest number of people in a single day reached more than 280,000.

It will further stimulate the momentum of China's economic growth.

The Spring Festival of the Year of the Dragon reflects the potential of China's super-large-scale domestic demand market and further stimulates the momentum of China's economy.

Zou Yunhan, deputy director of the Macroeconomic Research Office of the State Information Center, said that the popularity of the consumer market during the Spring Festival this year can significantly drive the improvement and innovation of consumption supply and promote the supply and demand cycle of the whole society to reach a relatively higher level. This is actually a relatively solid foundation for a good start to the economy in the first quarter of this year.

*: CCTV.

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