The Asia Global Payment Summit. Bali, Indonesia. 10-11 October 2019

Retail and Food Sales During China’s National Day Golden Week Rise 8.5% YoY

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Nationwide retail, food and beverage sales have seen a sizeable year-on-year rise during China’s Golden Week holiday in October 2019.

China’s Ministry of Commerce estimates that during the period from 1 – 7 October nationwide retail, food and beverage sales totalled 1.52 trillion yuan, for an increase of 8.5% compared to the same period last year.

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