Value-added tax invoice data shows that the consumer market in Chengdu is fully active during the Spring Festival.
Value-added tax invoice data shows that during the Spring Festival period, the city's retail industry sales income increased by 46.61% compared to the same period last year. Offline shopping malls have intensive promotional activities and bustling business districts, with comprehensive retail sales income such as department stores and supermarkets increasing by 49.36% year-on-year; citizens visiting relatives and friends and the demand for family gatherings are strong, leading to a surge in demand for food, beverages, and tobacco products, with sales income increasing by 1.9 times year-on-year.
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