Confidence climbs as World Cup, holidays boost bankcard spending
Print Edition
THE relatively strong spending sentiment due to the summer holidays boosted bankcard owners’ confidence in June.
The Bankcard Consumer Confidence Index climbed 0.56 from a month ago to 85.27 points in June as expenditure on dining, entertainment and travel picked up ahead of the annual summer vacation, China UnionPay, the sole bankcard transaction firm, said in a report yesterday.
The size of expenditure at domestic travel agents jumped 17.52 percent from a month ago as the summer holidays are usually a peak season for travel.
Spending value at airline ticket offices also saw a 13.06 percent monthly gain.
Card holders’ spending at entertainment venues rose 1.12 percent from a month ago as the World Cup boosted expenditure at bars and night clubs.
The loosening of the loan deposit ratio requirement is expected to stabilize the country’s macroeconomic situation and thus lift consumer sentiment in the second half of the year, UnionPay predicted.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
