May Day holiday reflects vitality of China's economy
During the May Day holiday, demand for out-of-town trips increased by 99 percent compared to the previous period, while demand for taxi services in leisure and entertainment scenes increased by 76 percent, and demand for taxi services at tourist attractions increased by 220 percent, according to online car-hailing company Didi Chuxing.
According to the Ministry of Commerce, sales of key retail and catering enterprises nationwide increased by 6.8 percent during the May Day holiday compared to the same period last year (April 29 to May 3).
Data from the China Film Administration showed that China's box office reached 1.53 billion yuan during the May Day holiday period, with 37.77 million moviegoers.
In the first three days of the May Day holiday, local life service consumption nationwide increased by 25 percent compared to the same period last year, according to Meituan data.
"The growth rate of consumer spending was higher than the number of travelers during this year's May Day holiday. This means not only are there more people traveling, but they are also spending more, indicating a continued positive trend in the overall market," said Dai Bin, president of the China Tourism Academy.
