Taobao Flash Sale released the "Summer Consumption Report": popular cities remain hot, huge potential for night economy in central and western regions.
Smart Finance and Economics APP has learned that Taobao Flash Sale has released the "Summer Consumption Report", which shows that summer consumption is hot in the east, central, and western regions, as well as in first, second, third, and fourth-tier cities. Popular tourist cities such as Wuhan, Changsha, and Xi'an have seen a significant increase in orders, with cities hosting events such as the "SuChao" event and the "ZheBA" event showing particularly active performance. The vitality of the night economy is further released, with more than 80% of the fastest growing cities in the central and western regions. Consumption in major cities and tourist cities during the summer has significantly increased, especially in the development of night economy. In Taobao Flash Sale orders, the summer night life of Chinese people is becoming increasingly rich. Since July, the number of nighttime orders in 127 cities has increased by over 100% compared to June, with over 80% of the growth in the central and western regions. Among them, Luohe, Baotou, Shuozhou, Xuchang, and Shangqiu are the top 5 cities with the fastest growth in nighttime orders, all with growth rates exceeding 200%.
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