On February 2nd, the reporter visited several catering stores and well-known commercial districts in Shanghai on February 1st and found that during this year’s Spring Festival, the Shanghai catering consumption and commercial retail market had a strong recovery momentum. Many catering stores had a continuous flow of customers, and long queues formed at the entrance. Multiple catering brands have achieved a year-on-year increase of 20-30% in overall sales in the Shanghai area, with some stores showing a doubling recovery in sales. In addition, the expansion of the “visa free friend circle” has driven the rise of inbound tourism, and the visit of a large number of foreign consumers has injected new vitality into the Shanghai catering consumption market. Recently, 15% of restaurants have received foreign tourists, and some stores have received more than ten tables of foreign tourists per day. (The Paper)
Scan code to share