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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam China retail sales soar during holiday period AFP - Sunday, February 21 Send IM Story Print China retail sales soar during holiday period BEIJING (AFP) - – Retail sales in China during the Lunar New Year holiday rocketed by more than a sixth on last year, state media reported Saturday, in a possible sign of growing confidence among the billions of Chinese consumers. Shops across the country rang up 340 billion yuan (49.8 billion dollars) in sales, up 17.2 percent from the same period in 2009, Xinhua news agency said, citing figures from the commerce ministry. As families across the country reunited to celebrate the Spring Festival, an important holiday marking the beginning of the Lunar New Year, people splashed out on food, tobacco and liquor. Food sales jumped 16.5 percent while sales of tobacco and liquor were up 13.2 percent during the holiday period, which ended Friday. Communications equipment, jewellery and home appliances were also popular, with sales up 19.2 percent, 19.1 percent and 15.4 percent respectively. On Friday a record 6.33 million passengers took the train as swathes of the country prepared to return to work, Xinhua said, citing the railways ministry. A total of around 210 million passengers are expected to have taken trains during the new year travel period, which ends on March 10. Nearly 30 million more will have travelled by air. Recommend Send IM Story Print Related Articles Indian students battle police over proposed state AFP - Sunday, February 21 China retail sales soar during holiday period AFP - Sunday, February 21 US soldier's thoughts: wife, home, buddies, death AP - Sunday, February 21 Pakistan army airstrike kills 30 militants in NW AP - Sunday, February 21 China fires leave 35 dead over new year holiday AFP - Sunday, February 21 News Search Top Stories Last-ditch talks planned to avert Lufthansa strike Chemicals suspected in breast cancer Europe eyes underground nuclear waste repositories French oil refineries strike spreads US January consumer prices inch up, 'core' falls More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Chemicals suspected in breast cancer Dozens of primate species on the brink: study Surprise Fed rate hike hurts world stocks Last-ditch talks planned to avert Lufthansa strike Europe eyes underground nuclear waste repositories More Most Viewed » Third-hand smoke also bad for you: study DNA reveals some mystery on King Tut, raises questions Pitt, Jolie sue British paper over split claims Fury heats up after new AIG bonuses Sugary soft drinks linked to pancreatic cancer: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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