China's catering sector posts revenue growth in January-October period
BEIJING, Nov. 16 (Xinhua) -- China's catering sector reported steady growth in October as pro-growth policies have boosted consumer spending, official data shows.
The sector raked in 495.2 billion yuan (about 68.8 billion U.S. dollars) in revenue last month, up 3.2 percent year on year, according to data from the National Bureau of Statistics (NBS).
From January to October, the sector's revenue rose 5.9 percent year on year to about 4.4 trillion yuan.
Growth in October was 0.1 percentage points higher than in September, the China Cuisine Association said.
The sector's revenue accounted for 10.9 percent of China's total sales of consumer goods last month, an increase of 0.2 percentage points from September, according to the association.
(Editor:Liao Yifan)