{"id":32694,"date":"2007-09-21T07:49:39","date_gmt":"2007-09-20T23:49:39","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2007\/09\/21\/4635-chinese-lodging-and-restaurant-sales-soar-in-august\/"},"modified":"2007-09-21T07:49:39","modified_gmt":"2007-09-20T23:49:39","slug":"chinese-lodging-and-restaurant-sales-soar-in-august","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2007\/09\/21\/32694\/","title":{"rendered":"Chinese Lodging And Restaurant Sales Soar In August"},"content":{"rendered":"<p>According to the Ministry of Commerce's Department of Information Technology, for the month of August, the retail sales volume of the accommodation and catering sector rose 19.1% to RMB98.53 billion, with a growth rate 2.3% higher than the same period last year.<!--more--><\/p>\n<p>For the first 8 months this year, the retail sales volume of the accommodation and catering sector totaled RMB772.2 billion, up 18.1% year-on-year. The accommodation and catering sector accounted for 13.8% of the total consumer goods retail sales, contributing to 2.4% of its growth.<\/p>\n<p>From January to August, there were 574 new foreign-invested enterprises within the accommodation and catering sector, 17.2% lower than the same period last year. In terms of industry norm, the sales volume of above-norm enterprises rose 18.5% to RMB230.3 billion, accounting for 29.8% of the sales volume of the whole industry and with a growth rate 0.4% higher than industry average.<\/p>\n<p>The below-norm enterprises sales volume rose 17.9% to RMB541.8 billion, accounting for 70.2% of the industry total.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Ministry of Commerce's Department of Information Technology, for the month of August, the retail sales volume of the accommodation and catering sector rose 19.1% to RMB98.53 billion, with a growth rate 2.3% higher than the same period last year.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-32694","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/32694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=32694"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/32694\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=32694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=32694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=32694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}