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Ever flourishing consumption markets
Text Size:A A A 2019-09-19

Since the founding of the People’s Republic of China, especially since the Reform and Opening Up, the scale of commercial and trade circulation in Yuyao has been expanding; various markets have been maturing, and the level of consumption has been significantly improved. In recent years, the consumption structure in Yuyao has been upgrading constantly, and the consumption mainly focuses on automobiles, electronic products, gold and silver products and jewelry, and tourism and so on. The “Internet +” consumption pattern suddenly rose. In 2018, the online retail sales volume reached 11.92 billion yuan, an increase of 37% over the same period last year. The tourism market is becoming more and more active. In 2018, more than 40 festivals, such as the Siming Mountain Tourism Festival, received a total of 14.46 million visits from both at home and abroad. The tourism revenue reached 13.565 billion yuan, increased by 16% and 17% respectively year on year.

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