China, Golden Week
China’s ‘Golden Week’ Holiday Brings Out Crowds. Stimulus Skeptics Are Still Out There.
Consumers traveled and spent more during the holiday but they are waiting to see if promised stimulus measures boost the economy.
China's Golden Week holiday signals persistent consumer caution
China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences.
China’s Golden Week holiday spending lags behind pre-Covid-19 figure
While travellers made 10.2 per cent more trips this year than in 2019, spending rose only by 7.9 per cent. Read more at straitstimes.com.
China Posts Record Golden Week Passenger Traffic
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Cross-border trips near pre-pandemic levels during China’s ‘golden week’ holiday
More than 13 million journeys were made across mainland China’s borders during the recent “golden week” holiday, almost reaching pre-pandemic levels, according to the country’s immigration authorities.
New Zealand embraces Chinese tourists in Golden Week holiday
WELLINGTON — Dong Bing flew to Auckland from Beijing on the first day of China's National Day holiday with her husband and 5-year-old son. The long-awaited overseas vacation has been highly anticipated by the family during the "Golden Week", which offers a nice respite for them.
Hot spots swarmed during Golden Week holiday
TEMPLES, mountains and historic sites around China drew huge crowds and hours-long queues as millions of people made trips during the country’s seven-day “Golden Week” holiday.
China ‘golden week’ saw spending regain its shine, buoyed by confidence boost
Chinese travellers and tourists spent 700.82 billion yuan during the just-ended holiday week – a 7.9 per cent increase from the same period in pre-pandemic 2019.
China’s Golden Week Sees 60% Outbound Travel Surge via Alipay
During the 2024 National Day Golden Week, Alipay recorded a significant increase in both China’s outbound and inbound tourism spending.
Golden Week shows resilience and confidence of China's economy
Rosy economic data and people's increased spending during the just-concluded National Day holiday highlight China's huge economic potential and overall resilience.
China Holiday Spending Lags Pre-Covid Era, Showing Stimulus Need
Chinese tourists shelled out less money during their long holiday that ended Monday than before the pandemic, even as signs emerged that spending is stabilizing after a barrage of stimulus recently unveiled by the government.
AFP2d
China’s 2024 National Day Golden Week Sees 60% Rise in Outbound Travel Transactions and 120% Surge in Inbound Spending YoY via Alipay
The number of transactions made by Alipay users in overseas markets during the first four days of the holiday increased by ...
Tencent's WeChat Pay says transactions jump during 'golden week' after China's stimulus bazooka
Tencent Holdings' WeChat Pay, one of China's dominant digital payment platforms, saw a jump in transactions during the ...