China's key retail and catering companies achieved sales of approximately 821 billion yuan during the 7-day Chinese New Year holiday in 2021, an increase of 28.7% over the Spring Festival Golden Week in 2020, and an increase of 4.9% over the 2019 Spring Festival Golden Week, according to data from China's Ministry of Commerce.
Online retail sales exceeded 122 billion yuan (US$18.86 billion), and the sales of online catering and New Year's Eve series products increased by approximately 135% an...
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