Consumer spending up during national holiday

Chinese consumers appear to be spending more money during the National Day holiday than last year.

On the first two days of the eight-day holiday, Chinese consumers spent 628 billion yuan ($92.6 billion) by UnionPay card, up 11.8 percent year-on-year, according to UnionPay.

On National Day, Oct 1, which overlapped with the Mid-Autumn Festival this year, transaction volume recorded by UnionPay reached 330 billion yuan, up 15.5 percent on a yearly basis, it found.