As the National Day holiday is coming to an end, the long break has revitalized urban commercial areas, with trade-in programs for consumer goods and multiple cultural and sports events attracting considerable crowds, resulting in a bustling consumer market across various regions.
The National Day holiday, starting on October 1 and known as a "Golden Week," is one of China's largest annual public holidays.
During the first five days of the holiday, an average of around 300 million trips were made daily, with bustling crowds at major scenic spots and museums. Nationwide, ticket bookings increased by over 37 percent compared to last year.
In Chengdu City of southwest China's Sichuan Province, naked-eye 3D experience program has attracted hordes of consumers.
"I took my child to experience it and hope that he can feel the charm of technology through these experiences," said Luo Zhiyong, a local in Chengdu City.
In the first four days of the National Day holiday, Beijing's 60 key commercial districts recorded a foot traffic of 26.969 million, marking a year-on-year increase of 20.9 percent. In east China's Jiangsu Province, key retail enterprises achieved cumulative sales of approximately 2.06 billion yuan (about 293.5 million U.S. dollars), a year-on-year increase of 13.5 percent. Key commercial areas in cities like Chengdu and Hangzhou also showed significant growth in both foot traffic and sales.
During the National Day holiday, various regions accelerated the promotion of trade-in programs for consumer goods, boosting the consumption of bulk commodities. The government allocated 60 billion yuan in subsidies for these trade-in initiatives, stimulating the holiday economy and invigorating market activity.
To ensure that consumers nationwide receive the freshest agricultural products from northwest China's Xinjiang Uygur Autonomous Region, China Post has utilized a green transport channel for fresh produce, helping local geographical indication (GI) products reach markets across the country.
"We primarily use air freight and express rapid delivery to transport our walnuts from Yecheng County to major cities within two to three days, ensuring that people can enjoy the freshest walnuts available," said Yan Qiang, general manager of China Post Xinjiang Yecheng County Branch.
National Day holiday sees booming consumption due to various stimulus measures
National Day holiday sees booming consumption due to various stimulus measures
