I turisti affollano la Nanjing Road shopping street durante il Nuovo Anno Cinese vacanza o Festa della Primavera in Cina a Shanghai, 4 febbraio 2014. Chinas s
Tourists crowd the Nanjing Road shopping street during the Chinese New Year holiday or Spring Festival in Shanghai, China, 4 February 2014. Chinas spending during the traditional Spring Festival maintained double-digit growth this year but the pace marked the slowest in more than a decade, according to the Ministry of Commerce. The central governments promotion of frugal dining and restrictions on public spending on high-end gifts and restaurants were mainly to blame. However, a new emphasis on cultural, recreational and tourism spending will continue to set the countrys purchasing trends in the near future, a senior commerce expert said. Data from the ministry showed sales of Chinas retailers and catering businesses went up 13.3 per cent from a year earlier to 610.7 billion yuan ($100.7 billion), during the week-long holiday which lasted from Jan 31 to Feb 6 this year. Gatherings and reunions during the break usually boost spending.
