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Auto shows drive up holiday consumption

China

China

China

Auto shows drive up holiday consumption

2025-05-03 09:12 Last Updated At:05-04 00:27

Auto shows now held across China are driving up consumption during the five-day May Day Holiday, which started on Thursday.

Auto Shanghai 2025, one of the world's largest automotive exhibitions, which concluded on Friday after a 10-day run, drew approximately 1.01 million visitors from both home and abroad, including 63,000 overseas participants from 97 countries and regions.

The event was deliberately timed to coincide with the May Day holiday and introduced exclusive consumer vouchers that spanned cultural, tourism, commercial, and sports sectors, generating over one million yuan (about 137,526 U.S. dollars) in total spending.

"Through the ticket purchase app for the Shanghai Auto Show, we involved some other tourism and cultural events so that people could visit the auto show while making trips to other renowned tourist attractions in Shanghai for leisure," said Gu Chunting, vice chairman of the Council for the Promotion of International Trade Shanghai.

As the Shanghai Auto Show wrapped up, the Suzhou International Auto Show opened on Thursday, taking over the spotlight. Covering a floor space of over 100,000 square meters, the event in east China's Jiangsu Province gathered more than 100 global automotive brands and over 1,000 popular vehicle models. Coupled with various favorable policy subsidies, the show has fully unleashed the five-day holiday consumption potential.

"The state's trade-in subsidy, Suzhou's new energy vehicle subsidy, and various car purchase incentives, plus exclusive promotional policies offered by major automakers for the five-day auto show, have combined to create an optimal opportunity of the year for consumers to acquire a vehicle," said Peng Jianming, an event organizer.

Over 80 cities across the country have held nearly 100 auto shows on various scales during the May Day holiday this year.

At these auto shows, intelligent and new energy vehicles (NEVs) have become top-selling products. Data reported that NEVs at many auto shows account for more than 60 percent of the transactions, reflecting the greater popularity of green consumption concept.

Auto shows drive up holiday consumption

Auto shows drive up holiday consumption

Auto shows drive up holiday consumption

Auto shows drive up holiday consumption

Auto shows drive up holiday consumption

Auto shows drive up holiday consumption

Hong Kong's representatives at this year's "two sessions" set out to submit a number of motions and put forward proposals aimed at benefiting the special administrative region and enhancing its synergy with the country’s development.

The "two sessions" are the annual meetings of China's top legislature, the National People's Congress (NPC), and the top political advisory body, the National Committee of the Chinese People's Political Consultative Conference (CPPCC). Both bodies serve a five-year term and hold a plenary session each year, generally in March.

The fourth session of the 14th NPC kicked off on Thursday, while the fourth session of the 14th National Committee of the CPPCC convened on Wednesday.

Iris Wong Ping-fan, an NPC deputy from the Hong Kong Special Administrative Region, plans to submit a motion on the coordinated development of the Guangdong-Hong Kong-Macao Greater Bay Area and the new positioning of Hong Kong in the 15th Five-Year Plan (2026-2030).

"Hong Kong will also develop its own five-year plan, which will align with the broader development goals of our country and will actively achieve synergy with issues concerning Hong Kong in the development goals of our country. Therefore, in the future, it will become increasingly clear that Hong Kong's development is deeply intertwined with that of our country, forming a community of common destiny," said Wong.

Charles Ng Wang-Wai, a CPPCC National Committee member, will highlight the crucial role of artificial intelligence in talent development in his proposal.

"We all know that artificial intelligence is an unstoppable trend. To effectively develop AI, we must focus on education, especially the training of primary and secondary school teachers. That is to say, we need to consider how to improve the skills of these teachers so they can better educate the next generation," said Ng.

Other representatives are suggesting that Hong Kong capitalize on its unique advantages to achieve win-win outcomes with the mainland.

"Hong Kong boasts a high-level international management and service system for medical technology, which provides a solid foundation for developing medical tourism. Both Hong Kong and major mainland cities are well-equipped to offer medical services to patients from Belt and Road countries," said Dennis Lam Shun-chiu, an NPC deputy.

"During the 15th Five-Year Plan period, Hong Kong will leverage its inherent advantages. Many mainland enterprises are looking to Hong Kong as a platform to better expand overseas, and with Hong Kong's excellent professional services and a strong financial platform, we hope to assist these enterprises," said Judith Yu, a CPPCC National Committee member.

Hong Kong representatives on further cooperation with mainland at two sessions

Hong Kong representatives on further cooperation with mainland at two sessions

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