Retail sales boom in Tianjin during May Day holiday

TIANJIN - China's northern port city of Tianjin saw its retail sales soar during the May Day holiday, said the municipal commission of commerce on Thursday.

Data from the commission showed that 232 trading enterprises in Tianjin raked in 1.78 billion yuan ($257.77 million), receiving 10.98 million visits during the five-day holiday, up by 20.9 percent and 26.8 percent, respectively, from the same period last year.

The catering industry saw robust growth. Thirty-seven catering companies monitored by the commission drew revenues of 15.92 million yuan during the holiday, up by 21.2 percent year-on-year.

The sales volume of 44 shopping centers in Tianjin recorded remarkable increases during the holiday, reaching 570 million yuan, up by 17.5 percent year-on-year. These shopping malls received more than 7.5 million visits, an increase of 40.4 percent compared with the same holiday period last year.

More than 400 new stores opened in Tianjin during the holiday, injecting new vitality into holiday consumption.

The city also organized nearly 300 online and offline events themed with spring outings, beach trips, leisure shopping, and night economy to promote consumption during the holiday.