Booming online spending during the golden week holiday pointed to further signs of an economic rebound and strong consumption momentum.
China UnionPay’s network said it handled 2.52 trillion yuan (US$371 billion) of payment over the eight-day break, adding 8.3 percent from the same period a year ago.
On October 1, payments surged 15.5 percent and its online payment app Yunshanfu recorded a 53 percent increase year on year.
Department store sales jumped 12.5 percent across the country with the fastest growth in Jiangsu, Shanxi and Gansu provinces.
In the first three days of the holiday, WeChat said payments related to tourist attractions and the hospitality industry jumped 83 percent and 71 percent compared with the Labor Day holiday period.
Guangdong, Shandong and Jiangsu were the provinces with the highest number of WeChat payment transactions.
The total amount of payments at hotels and restaurants were up 71 percent and 30 percent respectively.
Read more in Shanghai Daily
