_china39s-domestic-tourism-surges-by-28-during-may-day-holiday.jpg "China's Domestic Tourism Surges by 28% During May Day Holiday from iphone 11 pro price in india 2019 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:36
👁 View: 425K times
✓ Published: 07-May-2024
👁 View: 425K times
✓ Published: 07-May-2024
Description:
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
China saw a 28% increase in domestic tourism during the 5-day May Day holiday period compared to 2019. However, total tourism revenue was up only 13.% compared to 2019 due to travelers spending less per trip, with average spending down 6%. Weakening economic growth, job prospects, and the real estate downturn have made Chinese consumers more cautious in their spending. Retail sales growth slowed to just over 3% in March while consumer price inflation was a mild 0.1%, reflecting soft consumer demand.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_avocado-itna-mehnga-kyun-hai-124-avocado-1-kg-price-reveal-124-avocado-benefits-124-boldsky.webp "Avocado Eating Benefits: अगर आप भी करते हैं एवोकाडो को डाइट में शामिल तो जान लें ये कमाल के फायदे. एवोकाडो एक ऐसा फल है जिसे सेहत और सुंदरता दोनों के लिए फायदेमंद माना जाता है. लेकिन इसके महंगे होने की वजह क्या है ये भी जानते हैं<br/> <br/>Avocado Eating Benefits: If you also include avocado in your diet, then know these amazing benefits. Avocado is a fruit which is considered beneficial for both health and beauty. But we also know the reason for it being expensive. <br/> <br/> <br/>#avocado#AvocadoBenefits <br/><br/>~PR.115~ED.120~HT.318~")
_police-begin-clearing-pro-palestinian-tent-encampment-at-george-washington-university-dozens-arrested.webp "Police using pepper spray cleared a pro-Palestinian tent encampment at George Washington University and arrested dozens of demonstrators on Wednesday just as city officials were set to appear before hostile lawmakers in Congress to account for their handling of the weekslong protest.")
⏲ 4:28 👁 9.8M
_92.webp "A man struggling to get on the property ladder landed spent just £15k on his first home - by building it in his parents' garage. <br/><br/>Josh Jones, 21, convinced his mum and dad to let him convert the garage attached to their four bed family home in Tunbridge Wells into a one-bed apartment.<br/><br/>Having saved up £4000, Josh decided to spend the cash transforming the space into his own home rather than putting down as a house deposit. <br/><br/>He started the build in January 2023 and took eight months to complete the work - with tips he picked up on YouTube. <br/><br/>Josh did all the work himself- completely stripping the garage roof, levelling out the floor, adding drainage, building a kitchen, installing a bathroom and a bedroom.<br/><br/>He spent £14,700 on materials, moved into his new abode in May 2024 with his girlfriend and say his parents are \")
_pro-palestinian-campus-protests-spread-to-europe.webp "Police arrested about 125 activists as they broke up a pro-Palestinian demonstration camp at the University of Amsterdam early Tuesday, as protests that have roiled campuses in the United States spread into Europe.")
_is-there-more-going-on-here-elizabeth-warren-interrogates-expert-about-cause-of-high-food-prices.webp "During a Senate Banking Committee hearing on Thursday, Sen. Elizabeth Warren (D-MA) questioned witnesses about the food industry and shrinkflation.<br/><br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
‘Is There More Going On Here?’: Elizabeth Warren Interrogates Expert About Cause Of High Food Prices
⏲ 6:6 👁 37.1M
_the-israel-hamas-war-and-pro-palestinian-protests-loom-over-the-eurovision-song-contest.webp "Thousands of pro-Palestinian demonstrators protested in the Swedish port city on Thursday against Israel’s participation in the pan-continental Eurovision Song Contest.")
_bp-reveals-a-fall-in-profits-in-the-face-of-lower-oil-prices.webp "Energy giant BP has revealed a fall in profits in the face of lower oil prices and weaker refining margins than this time last year.")
_elise-stefanik-39joe-biden-has-pandered-to-the-pro-hamas-wing-of-the-democratic-party39.webp "At today's House Republican leadership press briefing, Rep. Elise Stefanik (R-NY) accused President Biden, Democrats, and colleges of antisemitism.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com")
_avocado-itna-mehnga-kyun-hai-124-avocado-1-kg-price-reveal-124-avocado-benefits-124-boldsky.jpg)
_police-begin-clearing-pro-palestinian-tent-encampment-at-george-washington-university-dozens-arrested.jpg)
_92.jpg)
_pro-palestinian-campus-protests-spread-to-europe.jpg)
_is-there-more-going-on-here-elizabeth-warren-interrogates-expert-about-cause-of-high-food-prices.jpg)
_the-israel-hamas-war-and-pro-palestinian-protests-loom-over-the-eurovision-song-contest.jpg)
_bp-reveals-a-fall-in-profits-in-the-face-of-lower-oil-prices.jpg)
_elise-stefanik-39joe-biden-has-pandered-to-the-pro-hamas-wing-of-the-democratic-party39.jpg)
![[+]](/images/menu.gif){kind=small}