Lates News

According to the Securities Times, holiday consumption is an important window to observe economic vitality. This year's May Day holiday saw a flourishing and active national consumer market, with cultural and tourism consumption blooming in multiple areas. According to data monitored by the Ministry of Commerce, the sales of key retail and catering enterprises nationwide during the holiday increased by 6.3% year-on-year. This holiday, the first May Day holiday after the implementation of the 240-hour transit visa-free policy, has seen particularly impressive performance in inbound tourism. Data from Ctrip shows that the number of inbound tourism orders during the May Day period more than doubled year-on-year, with cultural experiences and diverse activities becoming the core attractions for foreign tourists.