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Luxury consumption on Chinese mainland rebounds during May Day holidays


CHINA / SOCIETY
By Du Qiongfang Published: May 06, 2021 06:53 PM
Chinese customers queueing up for a luxury brand at a shopping mall in Shanghai on August 30, 2020. Photo: Chen Xia/GT 
Offline consumption saw a strong rebound during the May Day holidays in Shanghai compared with last year when the COVID-19 epidemic curbed brick-and-mortar store consumption, with consumption of luxury products increasing significantly. 
Statistics from the Shanghai Municipal Commission of Commerce showed that luxury products, cosmetics and automobiles saw significant growth during the five-day holiday with luxury goods shops maintaining high-speed growth (62.8 percent year-on-year) after the second May Day shopping festival is held to boost domestic consumption in Shanghai following the success of last year s festival. ....

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Shanghai brushes up for cosmetic festival-Eastday


From:ChinaDaily   |  2021-05-05 13:17
Shanghai kicked off its 2021 International Cosmetic Festival on Wednesday, part of a series of ongoing campaigns to spur consumption nationwide.
The monthlong event, co-hosted by Shanghai s Municipal Commission of Commerce and the government of Jing an district, aims to enhance the metropolis allure as a global hub for beauty and skincare products, organizers said in a press release.
A total of 24 cosmetics brands, including international labels Tom Ford and Sisley, as well as homegrown marques Chando and Perfect Diary, will roll out new offerings during the extravaganza.
Li Jiaqi, a household name known for recommending cosmetics through livestreaming, was selected as ambassador. ....

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Shanghai's consumption market booms during May Day holiday - Buz & Tech News


2021-05-05 14:21:16 GMT2021-05-05 22:21:16(Beijing Time) Xinhua English
SHANGHAI, May 5 (Xinhua) Shanghai s consumption market has seen a robust growth during the five-day May Day holiday that ended Wednesday, mainly driven by strong demand from inter-provincial tourists, local authorities said.
According to data by the Shanghai Municipal Commission of Commerce, the city s offline consumption totaled 19.65 billion yuan (about 3.04 billion U.S. dollars) from April 30 to Tuesday, surging 30.4 percent over the same period last year and rising 9.6 percent over the figure in 2019.
Inter-provincial tourists spent 6.8 billion yuan offline in Shanghai during the period, up 76.8 percent year on year and a growth of 9.1 percent from the same period in 2019. ....

Shanghai Municipal Commission Of Commerce , May Day , Shanghai Municipal Commission , ஷாங்காய் நகராட்சி தரகு ஆஃப் வர்த்தகம் , இருக்கலாம் நாள் , ஷாங்காய் நகராட்சி தரகு ,

Shanghai's consumption market booms during May Day holiday


Shanghai s consumption market booms during May Day holiday
Xinhua
06 May 2021, 02:05 GMT+10
SHANGHAI, May 5 (Xinhua) Shanghai s consumption market has seen a robust growth during the five-day May Day holiday that ended Wednesday, mainly driven by strong demand from inter-provincial tourists, local authorities said.
According to data by the Shanghai Municipal Commission of Commerce, the city s offline consumption totaled 19.65 billion yuan (about 3.04 billion U.S. dollars) from April 30 to Tuesday, surging 30.4 percent over the same period last year and rising 9.6 percent over the figure in 2019.
Inter-provincial tourists spent 6.8 billion yuan offline in Shanghai during the period, up 76.8 percent year on year and a growth of 9.1 percent from the same period in 2019. ....

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