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China's consumption market booms during New Year holiday

Updated: Jan 3, 2024 chinadaily.com.cn Print
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People welcome the New Year at the Jiefangbei pedestrian street in Chongqing, Jan 1, 2024. [Photo/VCG]

According to e-commerce platform Meituan, the online transaction volume of dine-in restaurants in China surged 230 percent year-on-year during the first two days of the holiday.

Home parties, stove-boiled tea with chatting, live houses, and KTVs are still popular with young people; the orders for these climbed 225 percent year-on-year during the holiday.

Moreover, theme parks including Harbin Ice and Snow World, Shanghai Disney Resort, and Universal Beijing Resort also attracted the young consumer.

Fireworks to celebrate the New Year held at Shanghai Disney Resort, Jan 1, 2024. [Photo/VCG]
Staff members stage a molten iron fireworks performance in Tianjin, Jan 1, 2024. [Photo/VCG]
People watch fireworks in Lanzhou, Gansu province, Dec 31, 2023. [Photo/VCG]
People visit Universal Beijing Resort, Jan 1, 2024. [Photo/VCG]
People visit the Central Street in Harbin, capital of Heilongjiang province, Jan 2, 2024. [Photo/VCG]

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