China's catering sector maintains robust growth | investinchina.chinadaily.com.cn

China's catering sector maintains robust growth

Xinhua Updated: 2019-12-20

China's catering sector reported robust growth in November amid steady overall consumption market development.

The catering sector raked in 496.4 billion yuan (about $70.82 billion) in November, up 9.7 percent year-on-year, data from the Ministry of Commerce (MOC) showed on Dec 19.

The growth pace was 1.1 percentage points higher than that of November 2018.

The country's major retail firms tracked by the MOC saw their November sales up 2.3 percent year-on-year, picking up from 2 percent in October.

Online sales posted fast expansion, and daily necessities and cosmetics reported strong sales, MOC data showed.