Beijing sees New Year holiday sales up 16%

A girl shows New Year decorations in the

shape of ox at a wholesale market in Beijing, capital of China, Jan. 3,

2009. As the Chinese lunar New Year approaches, Spring Festival

decorations are becoming popular. The Chinese lunar New Year will start

from Jan. 26 this year. (Chinese media Photo)
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BEIJING, Jan. 3 (Chinese media) -- The sales revenue of

commodities in Beijing in the three-day New Year holiday is expected to see a 16

percent growth over the same period last year.

Based on a sample survey on 2,300 shops of 101

enterprises in the capital, the sales revenue is estimated at 1.08 billion yuan

(158 million U.S. dollars) from Thursday through Saturday, according to the

city's commercial information consultation center.

The center said several major shopping malls saw

sales revenue up 33 percent to 65 percent.

It said business revenue of the

242 outlets of 36 major restaurants in the three days was up 17 percent over the

same period last year.

A woman buys ox-shaped New Year

decorations at a shopping mall in Zaozhuang, east China's Shandong

Province, Jan. 3, 2009. (Chinese media Photo)
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A woman buys New Year decorations shaped

in ox at a shopping mall in Binzhou, east China's Shandong Province, Jan.

3, 2009. (Chinese media Photo)
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