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China Business & Economy

China’s ‘Golden Week’ Tourism Will Not Significantly Boost Economy: Experts

China’s ‘Golden Week’ Tourism Will Not Significantly Boost Economy: Experts
Passengers arrive at Hangzhou East train station in Hangzhou, in China's eastern Zhejiang Province, on April 28, 2023, ahead of the Labor Day holiday which started on April 29. STR/AFP via Getty Images
Alex Wu
10/6/2023|Updated: 10/6/2023
0:00

Chinese state-run media highlighted the surge in tourism activity during the “Golden Week” of the communist regime’s “National Day” holiday, showcasing the recovery of consumer spending power in China.

Nonetheless, economists believe that the Chinese Communist Party (CCP) is misleading the public, emphasizing that the tourism sector’s impact on revitalizing overall domestic demand and reviving the sluggish Chinese economy is minimal.

Alex Wu
Alex Wu
Author
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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Related Topics
tourism
Mid-Autumn Festival
cheap travel
Golden Week
China's National Day
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