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Hangzhou ranks 9th by consumption in Jan-May

| chinadaily.com.cn | Updated: 2020-07-31

China's financial hub Shanghai took the crown on the list of China's top 10 cities by consumption from January to May as China's economy recovers during the COVID-19 pandemic, according to the 21st Century Economic Research Institute.

Followed by the capital city of Beijing, Shanghai is the only city whose total volume of retail sales surpassed 500 billion yuan ($71.42 billion) from January to May.

In the first five months of this year, the total volume of retail sales of Guangzhou in South China's Guangdong province reached 342.23 billion yuan, a figure surpassed by Southwest China's Chongqing, who took the third spot on the list.

Hangzhou, capital of East China's Zhejiang province, ranked ninth.

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The cruise ship on the Fuchun River at night. The ship features a typically Chinese-style design and advanced facilities. [Photo/WeChat account: hzfbwx]

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