Rise in Sales Revenue Across Consumer Industries During Mid-Autumn Festival and National Day Holidays

2023-10-08 02:04:00

People’s Daily Online, Beijing, October 7 (Reporter Che Kemeng) The State Administration of Taxation used value-added tax invoice data and combined with corporate surveys to analyze the sales revenue of related industries across the country during the Mid-Autumn Festival and National Day holidays. The results show that during the Mid-Autumn Festival and National Day holiday, the residential consumer market was “vital and popular”, and sales revenue of consumer-related industries increased by 21.3% year-on-year. Among them, service consumption and commodity consumption increased by 20.9% and 21.6% respectively year-on-year.

The tourism consumption market is booming. During the Mid-Autumn Festival and National Day holiday, driven by the “extended” Golden Week effect, residents’ travel increased significantly, and the tourism market in various places continued to be booming. Sales revenue from tourism services increased 1.1 times year-on-year. Among them, the resumption of long-term travel and outbound travel drove the sales revenue of travel agencies and related service industries to increase by 1.7 times year-on-year; sales revenue from scenic spots and leisure and sightseeing activities increased by 2 times and 43.8% year-on-year respectively; amusement parks became more attractive to tourists, and sales revenue increased year-on-year An increase of 81.2%.

Sales revenue from accommodation and catering services increased at a relatively high rate. During the Mid-Autumn Festival and National Day holiday, driven by residents’ travel and tourism consumption, sales revenue from accommodation and catering services increased by 25.5% year-on-year, of which sales revenue from tourist hotels, camping services, and homestay services increased by 1.3 times, 1.5 times, and 45.5% year-on-year respectively.

Consumption in the cultural and sports market is active. During the Mid-Autumn Festival and the National Day holiday, residents’ demand for cultural and sports consumption increased. Added to the driving effect of the “Asian Games”, the cultural and sports service consumption market heated up rapidly. The sales revenue of cultural and sports services increased by 45.4% year-on-year, of which the sales revenue of art performance venues and mass cultural and sports activities services increased by 68.6% and 76.9% year-on-year respectively; the sales revenue of sports-related services increased by 27.1% year-on-year.

Consumption of daily necessities and household goods grew rapidly. During the Mid-Autumn Festival and National Day holiday, sales revenue from daily necessities, cosmetics, clothing, shoes and hats increased by 27.5% year-on-year. Sales revenue from furniture retail and ceramic stone decoration materials increased by 41.3% and 32.3% respectively year-on-year, reflecting the rise in home-related consumption.

Consumption of grain, oil, food and consumption upgrade commodities grew steadily. During the Mid-Autumn Festival and National Day holiday, sales revenue of grain, oil, food and comprehensive retail increased by 21.5% and 25% respectively year-on-year. Among them, the sales revenue of fruits, vegetables, meat, poultry, eggs, milk and other necessities increased by 28.8% and 29.6% respectively year-on-year. Sales revenue from gold, silver jewelry, communication equipment and other commodities increased by 15.5% and 16.5% respectively year-on-year.

According to the relevant person in charge of the State Administration of Taxation, the consumption potential of Chinese residents has been effectively released during the Mid-Autumn Festival and National Day holidays. The hot tourism consumption has driven a substantial increase in sales revenue of accommodation and catering services, cultural and sports services, etc. The economic effects of the holiday have continued to appear, fully demonstrating the resilience of the Chinese economy. and vitality. During the holidays, tax authorities in various regions relied on various forms such as self-service tax processing and online tax processing to ensure the diverse tax payment needs of taxpayers.

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责编:袁晴 ]

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