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ECONOMY
Weekly Watch> WEEKLY WATCH NO. 41, 2010> ECONOMY
UPDATED: October 9, 2010 NO. 41 OCTOBER 14, 2010
Holiday Prosperity
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For China's service industry, the National Day holiday (October 1-7) is always a powerful perk.

During the seven-day holiday, retail and catering sales totaled 592.5 billion yuan ($88.3 billion), representing a surge of 18.7 percent year on year, said the Ministry of Commerce.

The tourism industry prospered as well. Beijing, for example, received 9.3 million domestic tourists, 13.7 percent higher than the holiday last year, said the Beijing Tourism Administration. Its tourism revenues totaled around 6 billion yuan ($895.52 million), up 21.7 percent from one year ago.

 



 
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