久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Shopping gala opens with booming sales

By CHENG YU | China Daily | Updated: 2021-11-02 07:24
Share
Share - WeChat
Visitors take photographs as the display shows the sales made during the Singles Day shopping extravaganza on Alibaba's Tmall during an event in Hangzhou, Zhejiang province, on Nov 12. [Photo/Xinhua]

The Double Eleven shopping gala, a Chinese online shopping extravaganza, saw booming sales on its grand opening on Monday, which industry experts said demonstrated the country's long-term consumption resilience and vitality amid the COVID-19 pandemic.

In the first hour of Monday, the turnover of more than 2,600 brands exceeded that of the entire day last year. Domestic brands, including sportswear company Erke and automaker SAIC-GM-Wuling, saw high demand during the period, said Tmall, an online shopping platform of Alibaba Group.

The Double Eleven shopping gala, also known as the Singles Day shopping spree, is a trend started by Alibaba's e-commerce platform on Nov 11, 2009, which has become the country's biggest online shopping event. It usually lasts from Nov 1 to 11 to lure bargain hunters.

E-commerce giant JD said that it sold over 190 million products in the first four hours of the gala, which started this year at 8 pm on Sunday.

The turnover of Apple's products on JD in the first four hours of the gala increased 200 percent year-on-year, while sales of electronics products from Xiaomi, Oppo and Vivo during the first hour all exceeded those of the same period last year, according to JD.

Notably, purchases by overseas consumers on Joybuy, JD's global online site, during the period increased by 198 percent year-on-year, which exceeded their purchases for the whole of Nov 1 last year.

"This year's shopping spree indicated a continued sound recovery in demand amid the pandemic. Such a rapid growth of online shopping also demonstrated the country's vitality in new consumption in the long term," said Fu Yifu, a senior researcher at Suning Institute of Finance.

Consultancy firm Bain & Co predicted in a report that compared with the previous year, the number of consumers from the lower-tier cities that participated in the shopping gala this year is expected to exceed that of first-and second-tier cities.

Also, up to 52 percent of surveyed consumers plan to increase their spending during this year's shopping gala. The average spending of consumers during the festival was 2,104 yuan ($329) last year, the report said.

Morgan Stanley noted in a report that China's private consumption is expected to double to about $13 trillion by 2030, which will surpass the United States.

"Driven by such a shopping gala, a group of products that are cost-effective, trendy in design, and are able to meet the tastes of young consumers have also emerged, which will take the consumer sector to an even higher level of development," said Liu Tao, a senior researcher from the Development Research Center of the State Council.

He Wei in Shanghai and Fan Feifei in Beijing contributed to this story.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 新婚第一次一级毛片 | 加勒比一本大道香蕉在线视频 | 性欧美一级毛片欧美片 | 色偷偷亚洲女人天堂观看欧 | 久久精品免视着国产成人 | 美女黄色网页 | 亚洲一区二区三区视频 | 中文字幕一区二区三区视频在线 | 亚洲精品国产福利片 | 国产精品99r8在线观看 | 欧美三级一区 | 亚洲午夜片子大全精品 | 综合自拍亚洲综合图区美腿丝袜 | 久色视频 | 她也啪在线视频 | 免费观看成人www精品视频在线 | 中文字幕国产视频 | 成年女人永久免费观看片 | 国产成人免费不卡在线观看 | 成人五级毛片免费播放 | 亚洲精品国产成人99久久 | 玖玖精品在线视频 | 欧美一级二级三级 | 成人免费看www网址入口 | 婷婷的久久五月综合先锋影音 | 国产福利久久 | 成人国产精品视频频 | 欧美一区二区亚洲 | 日本无遮 | 久久婷五月天 | 日本一在线中文字幕天堂 | 亚洲人在线播放 | 国产成人综合久久精品亚洲 | 日本一级特黄啪啪片 | 91久久精品国产91性色tv | 日韩美女啪啪 | 国产不卡在线播放 | 欧美性色一级在线观看 | 欧美ⅹxxxx视频 | 天天夜夜久久 | 久久久国产精品福利免费 |