"Golden week" boosts HK retail sales

Hong Kong's retail sales saw a sharp increase last week, thanks to the mainland's weeklong National Day holiday, Xinhua reported (in Chinese). Retail sales during the "golden week" holiday increase 10% over last year. Jewelry sales for the week were double the level reached over the Labor Day holiday in May, with the average tourist spending US$1,289 on jewelry alone. Mainland visitors reached 430,000 up to October 4, 25% more than over last year's holiday.