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Consumption is hot making up for the Spring Festival of 2020

[vc_row][vc_column][vc_column_text css=”.vc_custom_1590036467767{margin-bottom: 0px !important;}”]Image credit: JS News[/vc_column_text][vc_column_text css=”.vc_custom_1590036779498{margin-bottom: 0px !important;}”]

Consumption is hot making up for the Spring Festival of 2020

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(SOURCE: JS News, May 2020)

[/vc_column_text][mk_padding_divider][vc_single_image image=”2361″ img_size=”500×700″][vc_column_text css=”.vc_custom_1590036517095{margin-bottom: 0px !important;}”]Consumption recovery in Wuxi during Labour Day Holiday thanks to various promotion events in retail shops and government support has resulted in serious consumer spending.[/vc_column_text][vc_column_text css=”.vc_custom_1590036528358{margin-bottom: 0px !important;}”]According to statistics from the Municipal Bureau of Commerce, during the holiday, Wuxi’s catering sector has recovered to 80% of the pre-COVID-19 figures. The market demand is mainly for family dinners and small banquets. With the return of small and medium-sized banquets, the market situation of hotels in the urban area has improved significantly. Most hotels have tight banquet schedules and a significant increase in turnover. According to statistics, the number of banquet tables at Days Hotel Wuxi Baile, Crowne Plaza Wuxi City Centre and Wuxi Luneng Marriott & Courtyard Hotel increased by more than 40% year-on-year in the three days before the small holiday. Wedding ceremonies also tend to operate a lot during this holiday.[/vc_column_text][vc_column_text css=”.vc_custom_1590036539648{margin-bottom: 0px !important;}”]This holiday, people staying at home increased, resulting in the rise of food ingredient sales and the demand for the development of the online economy of home “cloud shopping”.[/vc_column_text][vc_column_text css=”.vc_custom_1590036552000{margin-bottom: 0px !important;}”]The sales of aquatic products showed a sharp rebound after a long period of pressure. Especially on May 1st, the sales of fish, shrimp and seafood in Sunan Aquatic City reached 265.5 tons, an increase of nearly 30% year-on-year.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row]

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