Business丨Spring Festival spending up

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Consumers showed strong spending power during the Spring Festival holiday this year, boosting the steady growth of the country's overall consumption market in the first quarter, official data showed. Over the holiday period, sales of key retail and catering enterprises in China grew by 4.1 percent year-on-year. Food, festive products, green and smart home appliances, mobile phones and tablets recorded booming sales, the Ministry of Commerce said on Thursday. ▲ Local residents in Wuhu, Anhui province, enjoy their New Year's eve dinner in a restaurant on Jan 28. Photo/Xinhua In particular, sales of household appliances and communication equipment from retail enterprises that are monitored by the commerce ministry jumped by over 10 percent year-on-year. A dynamic service consumption market was also seen during the holiday period, with high demand for dining, traveling and watching films. Sales of catering firms monitored by the commerce ministry grew by 6.2 percent year-on-year, and C ………………………………