May Day Holiday Boom: Spring Break Fuels Parent-Child Travel Surge
The combination of May Day holiday and new spring breaks sparks a major surge in parent-child travel and domestic tourism across the Chinese mainland.
News & Insights Across Asia
The combination of May Day holiday and new spring breaks sparks a major surge in parent-child travel and domestic tourism across the Chinese mainland.
China launches a 1-billion-yuan subsidy campaign to boost domestic tourism and spending, running from late April through May 2026.
China’s provincial-level governments have set a 2% CPI target for 2025, lowering it by one percentage point from the previous year, aiming to boost consumer demand amid market uncertainties.
China’s recent economic stimulus package promises robust growth by balancing short-term measures with long-term industrial policies. Experts discuss how mobilizing “new quality productive forces” will fuel future industries.
China intensifies economic stimulus in 2024 with policy rate cuts, incremental policies, and visa policy optimization.
China has launched a 10 trillion yuan debt swap program to stabilize its economy. Lawmakers approved raising the local government debt ceiling by 6 trillion yuan, providing resources to address hidden debts.
Beijing’s Financial Street hosts an exclusive auto show during the 2024 Financial Street Forum, featuring luxury and passenger cars to boost consumption and stimulate economic activity.
China’s consumer prices rose moderately in September, with the CPI increasing by 0.4% year on year. Experts predict market demand will rise following new economic stimulus policies.
China’s consumer prices saw a moderate rise in September, indicating potential growth in market demand amid new economic stimulus policies.
China’s home sales surged during the National Day holiday after a raft of property stimulus measures, signaling a potential rebound in the real estate market.
China’s major cities have introduced new real estate policies to stabilize and stimulate the property market, signaling a potential rebound and renewed confidence in the nation’s housing sector.
China’s central bank cut its key short-term policy rate and reduced reserve requirements, boosting market confidence and incentivizing overseas investors, following a significant Politburo meeting.
The Chinese mainland has removed mortgage floor rates and reduced down payment ratios to boost the housing market, making home ownership more accessible and stimulating economic growth.