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China Business & Economy

China’s ‘Golden Week’ Holiday Shows Weak Consumption Amid Economic Slowdown

Business owners and residents say the actual situation is worse than what official data show.
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China’s ‘Golden Week’ Holiday Shows Weak Consumption Amid Economic Slowdown
A woman walks past stores in a shopping mall in Beijing on July 18, 2023. Greg Baker/AFP via Getty Images
Alex Wu
10/8/2025|Updated: 10/8/2025
0:00

China’s “golden week” holiday consumption has fallen short of expectations, according to official data. Meanwhile, Chinese business owners and residents shared their experiences with The Epoch Times, revealing an even bleaker situation.

According to data released on Oct. 5 by the Ministry of Commerce, sales at key retail and catering enterprises in mainland China increased by 3.3 percent year-over-year during the first four days of the National Day holiday, which runs from Oct. 1 to Oct. 8.

Alex Wu
Alex Wu
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Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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