Retail sales in Tianjin saw a boom during the New Year holiday, with the city organizing nearly 200 consumption promotion activities, the municipal commission of commerce said Tuesday.
During the three-day holiday from Dec 30, 2023 to Jan 1, 2024, 296 commercial enterprises in Tianjin raked in 1.28 billion yuan ($180.8 million), up 9.2 percent year-on-year, with the foot traffic reaching 7.49 million, up 43.6 percent compared with last year, data from the commission showed.
A total of 78 shopping centers in Tianjin monitored by the commission saw remarkable revenue growth during the holiday, with their sales reaching 550 million yuan, up 9.9 percent year-on-year.
The catering and lodging industries also saw robust growth. A total of 229 catering companies monitored by the commission raked in a total revenue of 19.17 million yuan during the holiday, up 35 percent year-on-year. The holiday turnover of 61 lodging companies reached 22.72 million yuan, up 51.7 percent year-on-year.
