During the National Day, 21 prefectures and cities in Guangdong intensively carried out various holiday consumer promotion activities to effectively unleash the potential for holiday consumption. According to information from the Provincial Department of Commerce, from October 1 to 4, 21 prefectures and cities across the province invested more than 1 billion yuan in subsidy funds to implement national and provincial subsidy policies, distribute vouchers for restaurants, cultural tourism, and business districts, and host more than 660 events. Multiple discounts combined to make concessions. According to monitoring feedback data from the Ministry of Commerce, from October 1 to 3, retail sales in the province increased 7.5% year on year, restaurant turnover increased 6.7% year on year. “State subsidies” plus “provincial subsidies” boosted consumption of nearly 4.4 billion yuan; consumer goods trade-in write-off capital was 237 million yuan, up 301.8% year on year, driving sales of 2,159 billion yuan, up 148.8% year on year. During the National Day, a number of commercial landmarks in Guangdong opened centrally to save energy for Golden Week consumption expansion. Guangzhou Baiyetan Vientiane City, Julong Bay Taikoo Li, and the top three commercial businesses of Vientiane Tiandi in Foshan opened at the same time, creating a new consumer landmark in the Greater Bay Area.

Zhitongcaijing · 3d ago
During the National Day, 21 prefectures and cities in Guangdong intensively carried out various holiday consumer promotion activities to effectively unleash the potential for holiday consumption. According to information from the Provincial Department of Commerce, from October 1 to 4, 21 prefectures and cities across the province invested more than 1 billion yuan in subsidy funds to implement national and provincial subsidy policies, distribute vouchers for restaurants, cultural tourism, and business districts, and host more than 660 events. Multiple discounts combined to make concessions. According to monitoring feedback data from the Ministry of Commerce, from October 1 to 3, retail sales in the province increased 7.5% year on year, restaurant turnover increased 6.7% year on year. “State subsidies” plus “provincial subsidies” boosted consumption of nearly 4.4 billion yuan; consumer goods trade-in write-off capital was 237 million yuan, up 301.8% year on year, driving sales of 2,159 billion yuan, up 148.8% year on year. During the National Day, a number of commercial landmarks in Guangdong opened centrally to save energy for Golden Week consumption expansion. Guangzhou Baiyetan Vientiane City, Julong Bay Taikoo Li, and the top three commercial businesses of Vientiane Tiandi in Foshan opened at the same time, creating a new consumer landmark in the Greater Bay Area.