(MENAFN) The Chinese consumer sentiment remained strong during the Chinese New Year holiday as transactions by bank card holder surged 23 percent, Xinhua reported
The country's only bankcard company, UnionPay, said that card holders spent a combined USD33 billion during the holiday
Payments at supermarkets and department stores surged 22 percent and 27 percent, respectively
Spending at domestic restaurants remained unchanged, although the average individual transaction dropped 20 percent
Train and long-distance bus tickets' payments doubled during the period, while that of air tickets surged 67 percent from the same period a year ago
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