Experts expect that various consumption activities and a tourism boom will drive a surge in spending, painting a vivid picture of a vibrant and dynamic market and accelerating China's economic growth.
A report from Trip.com Group sent to the Global Times showed that the number of tourism trips is expected to increase from the high base set last year, with a significant growth in outbound and inbound travel bookings. As of April 16, outbound flight searches have increased by 56 percent year-on-year, according to the report.
Analysts anticipate that the upcoming May Day holidays will once again drive significant consumer spending, providing a substantial boost to China's GDP growth.