Chinese cities gear up to boost consumption during May Day holidays, further accelerating economic recovery
04/28/2024|11:38:44 AM|Global Times

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 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.

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