China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua
China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua

China’s service sector looks to shine during ‘golden week’ as Beijing eyes stronger domestic spending

  • Eight-day holiday period offers chance for China’s tourism sector to bounce back, but domestic travel is expected to be down from same time last year
  • Economist Yu Yongding says consumer spending may not be a strong growth driver this year, as many Chinese have income concerns in post-coronavirus climate

Topic |   Golden Week
China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua
China’s service industry is hoping to see a big boost during the eight-day “golden week” holiday period that starts on Thursday. Photo: Xinhua
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