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Robust National Day holiday consumption displays China's economic vitality, potential

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STORY: Robust National Day holiday consumption displays China's economic vitality, potential
SHOOTING TIME: Recent footage
DATELINE: Oct. 8, 2024
LENGTH: 00:01:30
LOCATION: Beijing
CATEGORY: ECONOMY

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1. various of the views in China

STORYLINE:

China has seen a vibrant and promising consumer market during the week-long National Day holiday, one of the longest public holidays on the mainland.

During the "golden week" holiday from Oct. 1 to 7, Beijing set new records for both tourist arrivals and total tourism revenue.

Official data showed the capital city received 21.6 million visitors, marking a year-on-year increase of 18.35 percent. Meanwhile, the city logged total tourism revenue of 26.9 billion yuan (about 3.8 billion U.S. dollars), representing an 11.67-percent increase compared to the previous year.

Over the 10-day holiday travel period, from Sept. 29 to Oct. 8, the railway network is projected to handle 175 million passenger trips.

Authorities also reported a 5.3 percent year-on-year increase in the traffic flow on China's major expressways during the holiday.

Border control authorities on the Chinese mainland recorded about 13.57 million inbound and outbound trips, according to the Ministry of Public Security.

They also recorded 606,000 vehicles crossing the border during the seven days.

During the holiday, China's box office generated 2.1 billion yuan (about 297 million U.S. dollars), according to the China Film Administration.

More than 52 million movie tickets were sold. Domestic films raked in over 2 billion yuan at the box office, accounting for nearly 96 percent of the total.

Xinhua News Agency correspondents reporting from Beijing.
(XHTV)

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