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China's domestic retail and catering sectors posted sales of 1.005 trillion yuan (9.05 billion) during the week-long Spring Festival holiday that ended Sunday, an annual increase of 8.5 percent, according to the Ministry of Commerce.
China's consumption sector will shake off the novel coronavirus epidemic impact in the medium or long term, as the country is nurturing new growth engines, senior officials said on Thursday.
China's economy is expected to come out of a valley by the middle of this year due to an expected rise in leading economic indicators, Evergrande Group Chief Economist Ren Zeping said during a recent forum.
China's online ride-hailing market will value at billion by 2020, according to the global consultancy Bain& Company.
China's delivery giant SF Express raked in more than 71 billion yuan (.28 billion) in the first half of this year, up by 42 percent year-on-year, as the coronavirus pandemic has boosted the demand of delivery services.
来源：资阳报