Bankcard holders' confidence slides
By Ding Yining |
March 10, 2012, Saturday
|
Print Edition
Print Edition
CONFIDENCE among Chinese bankcard holders dipped from a month ago in February after consumer spending contracted after the Lunar New Year holiday, an industry survey showed.
The Bankcard Consumer Confidence Index rose 0.65 point from a year earlier but was down 0.09 point on a monthly basis to 86.69 points last month, according to a report released yesterday by China UnionPay, the country's sole bankcard transaction company.
The amount of billing at department stores, home appliance retailers and restaurants fell last month as consumer spending returned to normal after the week-long Lunar New Year holiday wrapped up.
The Bankcard Consumer Confidence Index rose 0.65 point from a year earlier but was down 0.09 point on a monthly basis to 86.69 points last month, according to a report released yesterday by China UnionPay, the country's sole bankcard transaction company.
The amount of billing at department stores, home appliance retailers and restaurants fell last month as consumer spending returned to normal after the week-long Lunar New Year holiday wrapped up.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
