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Core Insights - Shanghai hosted the "Love Shopping in Shanghai, Enjoy Double Festivals" series of events during the National Day and Mid-Autumn Festival, featuring three main themes: "Gourmet Delights," "Discounted Products," and "Nighttime Shows" [1] Consumption Data - During the holiday period from October 1 to October 8, Shanghai's online and offline consumption payment amounted to 79.6 billion yuan, representing a year-on-year growth of 3.0% [1] - Meituan reported a 7.5% year-on-year increase in restaurant sales in Shanghai [1] Key Business District Performance - Key business districts in Shanghai saw a year-on-year sales increase of 10.2%, with specific districts like Nanjing East Road, Nanjing West Road, and Zhongshan Park experiencing sales growth of 23.2%, 22.7%, and 29.4% respectively [1] Night Economy Growth - The nighttime economy in five popular locations in Shanghai recorded a year-on-year consumption increase of 15.3%, with a week-on-week growth of 31.8% prior to the holiday [1] - Notable growth in specific venues included West Bund Dream Center and Wujiang Road - Fengshengli, which saw increases of 111.9% and 28.0% respectively [1] - Among five nightlife hotspots, Changning's "Shangsheng Night Unending" and Jing'an Joy City Night Food Terrace reported consumption growth of 104.1% and 35.4% respectively [1] International Visitor Spending - There was significant spending activity from international visitors during the holiday, with the number of tax refund claims increasing sixfold year-on-year and sales amounting to a 7.2% increase [1] - The main categories of tax refund goods purchased by inbound visitors included sportswear, electronics, and international brands [1]