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During the New Year holiday period, spanning from January 1st to 3rd, consumption data released by Suning.com revealed a remarkable surge in customer traffic across its stores nationwide, with a staggering 110% increase on a month-on-month basis. Notably, household appliances boasting first-tier energy efficiency or water efficiency ratings dominated the sales landscape, constituting a substantial 92% of total sales. Multiple product categories, including refrigerators, washing machines, air conditioners, TVs, and water heaters, witnessed their sales volumes double compared to the previous month. In the realm of 3C products, mobile phones and smartwatches stood out, with their sales escalating by 170% and 115% month-on-month, respectively. Furthermore, Beijing, Chengdu, Shanghai, Nanjing, and Hangzhou emerged as the frontrunners in consumption driven by national subsidies.
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