Latest News:  


Chinese bankcard holders more upbeat, survey finds

By Ding Yining  (Shanghai Daily)

09:04, April 11, 2013

CONFIDENCE among China's bankcard owners grew from a month ago in March on lower food prices and higher spending on travel and automobiles.

The Bankcard Consumer Confidence Index rose 1.0 point from a year ago in March to 87.20, according to a report released today by China UnionPay, the country's sole bankcard transaction firm.

The increasing supply of seasonable vegetables at the beginning of March has brought down the prices of agricultural products, which in turn pushed up spending on non-daily necessities.

In March, transaction volume at restaurants and air ticket agencies grew 1.33 percent and 0.15 percent from a month ago respectively as consumers became more willing to travel under warmer weather, UnionPay said.

New car launches and sales promotion campaigns starting last month have pushed up automobile sales and transaction size at auto dealers grew 0.99 percent from a month ago.

Bankcard owners' expenditure at supermarkets dropped 3.9 percent last month due to lower inflation level, according to the report.

We Recommend:

Photo Story: Bittersweet life of auto model

Top 10 richest people in Beijing 2013

34th Bangkok Int'l Motor Show to kick off

Beijing’s second-oldest McDonald outlet closed

Top 10 world's youngest billionaires 2013

China's solar giant declares bankruptcy

Email|Print|Comments(Editor:WangXin、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. "Anqing" warship in coordinated-drill with helicopter

  2. French frigate open to visitors in Hong Kong

  3. Milan International Furniture Fair kicks off

  4. Handicraft fans annual value tops 100 million yuan

  5. China reports total of 28 H7N9 cases

  6. Firefighters working to extinguish forest fire

  7. An old town on the tea-horse road--Du Kezong

  8. Buddha halls at China's Baima Temple

  9. Stunning models at Bangkok Auto Show

  10. China's inflation drops from 10-month high

Most Popular


  1. New media trend for Chinese language study in US
  2. Follow-up work needed for yuan's going global
  3. Boao Forum for Asia makes China, world closer
  4. Devoted to a life defending nation
  5. Errors in urbanization must be avoided
  6. What kind of public diplomacy does China need?
  7. Today's youths will prove their mettle
  8. Chinese spend less on hotels, still flash the cash
  9. Soros upbeat on China's economic transformation
  10. Chinese innovations to benefit the world: Bill Gates

What’s happening in China

Flu TCM: just a placebo?

  1. Flight to Beijing delayed after bomb hoax
  2. Pudong bank robber on the run
  3. 5 dead, 20 injured in N China collision
  4. 3 detained for spreading H7N9 rumor in SW China
  5. Bottled Nongfu mineral water faces safety concern