China "May 1" holiday during the holiday during the holiday of ChinaThe soaring soaring, because consumers got rid of the three -year -old crown disease epidemic and epidemic restriction measures to promote economic recovery.

Comprehensive Bloomberg and Xinhua News Agency reported that the Ministry of Culture and Tourism on Wednesday (May 3) stated in the press release that during the May Day holiday, there were a total of 274 million domestic tourism and tourism nationwide.A year -on -year increase of 70.83%.Domestic tourism revenue increased by nearly 129%year -on -year to 148.056 billion yuan (about S $ 28.454 billion), exceeding the same period in 2019.

Social media are full of popular tourist attractions, shopping malls, and railway stations.For many tourists, this is the first travel since the outbreak.The sales of key retail and catering companies across the country recorded a double -digit year -on -year increase, and millions of audiences flocked to the cinema.

Reported that holiday consumption boom can help support economic recovery and boost the prospects of this year.However, after the manufacturing activity shrinks unexpectedly in April, the manufacturing prospects are worrying.The unemployment rate, especially the youth unemployment rate, is still high.

The economist surveyed by Bloomberg predicts that the Chinese economy will increase by 5.6%this year, which is promoted by strong consumer expenditures and government increased infrastructure investment.Several big banks such as Goldman Sachs and Morgan Chase expect that China's economic growth may be as high as 6%or more, which is much higher than the target of about 5%set by the Chinese government.