First three days of Shanghai's annual shopping fest see 13.2 percent year on year rise in sales

Spending on services and at night help boost jump in sales

The shopping festival, part of Shanghai Tourism Festival, was launched on September 8. It will last till October 8.

Sales at major shopping malls in Shanghai rose 13.2 percent year on year in the first three days of the city's annual shopping festival as spending on services and at night jumped, organizers said today.

Sales in the same period last year increased 11.8 percent, according to the organizers.

A breakdown of the growth showed retail sales rose 8.9 percent, spending in restaurants added 12.9 percent, while spending on other services,  including entertainment, surged 32.4 percent, the Shanghai Commission of Commerce said in a statement.

The number of visitors at these venues rose 15.6 percent year on year.

Sales during night hours rose 19 percent as malls extended their business hours to 11pm.

The shopping festival, part of Shanghai Tourism Festival, will last till October 8 with over 120 events held in 16 districts.

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