The three-day Mid-Autumn Festival holiday, which started on September 15, is driving strong growth in China’s catering, tourism, and retail sectors. As families gather to celebrate the traditional festival with dinners, mooncake-sharing, and lantern appreciation, analysts predict this boost in consumer activity will have a significant impact on the economy. The holiday’s cultural significance has...
Tag: Economic Growth
Major Commercial Districts See Surge in Visitors and Sales
Commercial Districts Growth Boosts Tourism and Sales Revenue Major commercial districts are experiencing a significant surge in visitor numbers and sales, establishing themselves as prime destinations for tourists seeking relaxation and shopping. This trend reflects the ongoing commercial districts growth, driven by increased tourism and consumer spending. Visitor Traffic and Sales Performance Recent data indicates...
Shenzhen Advances Major Construction Projects with 179 Billion Yuan Investment in First Half of 2024
Shenzhen has made significant strides in advancing major construction projects, with a total investment of 179 billion yuan (US$24.67 billion) in the first half of this year, reaching 59.9% of its annual investment target. One of the standout projects is Shenzhen Xinhua Hospital, located on the western side of Hongshan Station on Metro Line 4...