{"id":33360,"date":"2006-04-27T23:14:42","date_gmt":"2006-04-27T15:14:42","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2006\/04\/27\/retail-value-of-chinese-hospitality-industry-increased-142-in-q1\/"},"modified":"2006-04-27T23:14:42","modified_gmt":"2006-04-27T15:14:42","slug":"retail-value-of-chinese-hospitality-industry-increased-142-in-q1","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2006\/04\/27\/33360\/","title":{"rendered":"Retail Value Of Chinese Hospitality Industry Increased 14.2% In Q1"},"content":{"rendered":"<p>Statistics from China's Ministry of Commerce and State Statistics Bureau shows that in the first quarter of this year, the total retail value of China's hospitality industry reached RMB25.412 billion.<br \/>\n<!--more--><\/p>\n<p>This figure is an increase of RMB31.6 billion compared with the same period of last year and increased by 14.2%.<\/p>\n<p>In the first three months of the year, the Chinese hospitality industry saw the establishment of 220 new foreign investment enterprises, a decrease of 0.9% compared with the same period of last year. Of these, 53 were new hotels (dropping 5.4%) and 167 were new catering companies (increasing 0.6%).<\/p>\n<p>By month, the retail volume of January, February and March was RMB94.35 billion, RMB82.57 billion and RMB78.15 billion respectively, increasing by 16.1%, 9.8%, and 16.8%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Statistics from China's Ministry of Commerce and State Statistics Bureau shows that in the first quarter of this year, the total retail value of China's hospitality industry reached RMB25.412 billion.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-33360","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33360","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=33360"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=33360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=33360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=33360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}