Article: CHINA'S HOTEL & CATERING RETAIL SALES LEAPED 25.2% IN APR.


AsiaInfo Services
05-19-2008
China's Hotel & Catering Retail Sales Leaped 25.2% in Apr.

BEIJING, May 19, 2008 (SinoCast via COMTEX) -- China's hotel and catering sector saw its retail sales leap 25.2% year on year to CNY 112.2 billion in April 2008, 6.8 percentage points higher compared with the increment in the same month of the previous year.

The figure accounted for 13.8% of the country's total retail sales of consumer products and the growth hit the monthly record high in recent years, according to news from the Ministry of Commerce on May 16.

During the January-April period, the retail sales of the hotel and catering sector amounted to CNY 480.93 ...

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