🌟 China's National Day Golden Week just kicked off, and it's already smashing records! 🚀 The seven-day holiday from October 1 to October 7 has seen a phenomenal rise in travel and consumer spending, lighting up the world's second-largest economy.
On the first day alone, over 330 million trips were made across the country! 😲 That's a whopping 48.1% increase from last year and even surpasses pre-pandemic levels by more than 30%! Talk about a travel boom! ✈️🚄
According to the Ministry of Transport, this surge indicates a strong pickup in consumer spending. Bloomberg even called it \"early signs of a consumer spending pickup\" in China. 💰
But what's fueling this massive wave? Just days before the holiday, Beijing introduced cool new policies to boost the economy, like cutting interest rates and making it easier to buy homes. 🏠💡 These moves seem to be paying off big time!
Travel platforms are buzzing with record-breaking numbers. Ticket orders for scenic spots jumped by 37%, and homestay bookings soared by 55% compared to last year. 🏞️🏘️ Everyone's out and about, exploring and enjoying the holiday vibes! 🎉
Experts predict this \"golden week\" will continue to heat up sectors like tourism, transportation, entertainment, and dining. 🍜🎢 Get ready for a vibrant period ahead as China's Golden Week brings people together and boosts the economy! 🌏❤️
Stay tuned for more updates, and if you're in China, happy holidays! 🎊
Reference(s):
Consumption pickup seen following China's National Day holiday surge
cgtn.com
