2024.05.06 20:07 GMT+8

Analyst: May Day holiday tourists boost local demand

Updated 2024.05.06 20:07 GMT+8
CGTN

Travel over the five-day May Day holiday has given a boost to China's economy. During this holiday, travel destinations in lower-tier markets are embracing a surge in popularity. Wang Jianhui, general manager of the R&D Department at Capital Securities, says the flow of tourists from large cities to smaller ones helps to increase the demand for local productive services, thereby narrowing the development gap.

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