BDA's Mid-Autumn Festival and National Day consumption data released
With the accelerating of Beijing's efforts to cultivate and build an international consumption center and the approaching of Beijing's consumption season, four major shopping malls in the Beijing Economic and Technological Development Area (BDA) launched a variety of activities during the Mid-Autumn Festival and the National Day holiday this year to promote consumption.
Shopping malls are major centers for consumption [Photo/kfqgw.beijing.gov.cn]
Statistics from the Bureau of Commerce and Finance of the BDA show that during the holidays, the consumption of the four malls exceeded 60 million yuan ($9.32 million), a year-on-year increase of over 20 percent.
According to the data, the consumption situation in the BDA has increased steadily compared to the same period in 2019.
During the Mid-Autumn Festival, the consumption of the malls exceeded 25.09 million yuan, a year-on-year increase of 21.58 percent, and has returned to the level of the same period in 2019; The passenger traffic of shopping malls reached 231,300, a year-on-year increase of 2.62 percent, and the vitality of the business district has steadily improved.
During the National Day holiday, the malls achieved sales of 47.65 million yuan, an increase of 14.36 percent year-on-year, an increase of 14.08 percent over 2019, and an average growth rate of 6.81 percent in two years.
The seven-day passenger traffic of the malls amounted to 496,700, an increase of 0.58 percent over 2019, an average growth rate of 0.29 percent in two years.
According to data analysis, the catering industry, retail industry and clothing department stores account for a relatively high proportion of the sales data.