China’s recent five-day May Day holiday wrapped up on Sunday, marking a significant surge in both domestic and international travel. According to official data, a staggering 295 million domestic trips were undertaken, complemented by 8.47 million cross-border journeys.
The Ministry of Culture and Tourism estimates that the holiday period saw an impressive total spending of over 166.8 billion yuan ($23.1 billion). This represents a year-on-year increase of 7.6 percent in the number of trips and a 12.7 percent rise in spending, underscoring the robust economic activity driven by holidaymakers.
Among the bustling destinations, Guangzhou, Chongqing, and Chengdu emerged as the top three cities for consumption based on WeChat Pay data. These cities not only attracted a large number of visitors but also saw significant spending, highlighting their role as key economic hubs during the holiday season.
The massive influx of travelers and the accompanying spending spree reflect China's continued growth in the tourism and consumer sectors. As global citizens and business enthusiasts observe these trends, it becomes clear that such holidays play a crucial role in stimulating economic vitality and showcasing the dynamic nature of China’s domestic market.
Reference(s):
cgtn.com