_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.jpg "China's Domestic Tourism Surges by 28% During May Day Holiday from fremantlemedia logo slow Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 425K times
✓ Published: 07-May-2024
👁 View: 425K times
✓ Published: 07-May-2024
Description:
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_39forever-friends39-brad-pitt-and-george-clooney-sound-like-they-had-the-best-time-filming-new-movie-39wolfs39-together.webp "Brad Pitt and George Clooney have been best friends ever since they met on the set of one of Steven Soderbergh’s top movies Ocean’s Eleven. The two may be aging and slowing down in Hollywood, but it doesn’t mean they haven’t found time to team up for a new movie together. They’ll actually be reuniting for a psychological thriller film called Wolfs and they’ve apparently had the best time during filming.")
_european-companies-in-china-finding-it-harder-to-make-money-as-growth-slows.webp "European companies in China are finding it harder to make money as growth slows and overcapacity pressures increase, according to a new survey by the EU Chamber of Commerce in China.")
_slow-cooked-chicken-stew-124-recipe.webp "Put your slow cooker to good use with this slow-cooked chicken stew recipe, deliciously rich and indulgent.")
_he-scored-football-meets-basketball-in-this-epic-trick-shot.webp "Get ready to witness a mind-blowing feat that blurs the lines between sports!This viral video showcases an incredible trick shot that combines the precision of basketball with the power of football. Prepare to be amazed as the filmer lines up a perfect kick and sends the ball soaring through the air, ultimately landing with a satisfying \")
_former-obama-strategist-says-pride-could-be-bidens-downfall-come-the-election.webp "The 2024 presidential election is happening in just around 6 months and while Donald Trump’s myriad criminal charges are no doubt slowing him down politically, a former Obama campaign strategist says it might be Biden’s ego that does him in in the end. That goes double for issues related to the economy. Veuer’s Tony Spitz has the details.")
_ronald-acuna-jr-39s-slow-start-is-a-comeback-on-the-horizon.webp "Ronald Acuna Jr.'s Slow Start: Is a Comeback on the Horizon? from fremantlemedia logo slow")
_slow-cooker-sausage-casserole-124-recipe.webp "Slow cooker sausage casserole is a simple, filling family dinner that takes all the fuss out of mealtimes.")
_vivid-lightning-streaks-across-oklahoma-sky.webp "AccuWeather field meteorologist Tony Laubach caught the lightning in slow-motion to display the feeders coming out of the clouds before the big strokes appear in Marshall, Oklahoma, on May 6.")
_39forever-friends39-brad-pitt-and-george-clooney-sound-like-they-had-the-best-time-filming-new-movie-39wolfs39-together.jpg)
_european-companies-in-china-finding-it-harder-to-make-money-as-growth-slows.jpg)
_slow-cooked-chicken-stew-124-recipe.jpg)
_he-scored-football-meets-basketball-in-this-epic-trick-shot.jpg)
_former-obama-strategist-says-pride-could-be-bidens-downfall-come-the-election.jpg)
_ronald-acuna-jr-39s-slow-start-is-a-comeback-on-the-horizon.jpg)
_slow-cooker-sausage-casserole-124-recipe.jpg)
_vivid-lightning-streaks-across-oklahoma-sky.jpg)
![[+]](/images/menu.gif){kind=small}