China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP
China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP

China ‘golden week’ holiday spending rebounds from coronavirus with daily spending up 4.9 per cent on year

  • China’s retail and restaurant sales reached 1.6 trillion yuan (US$235.5 billion) over the ‘golden week’ holiday, with daily sales up 4.9 per cent compared to last year
  • The rebound in consumption will be a shot in the arm for China, which has until recently relied on debt and construction to recover from the coronavirus pandemic

Topic |   Golden Week
China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP
China’s ‘golden week’ holiday has highlighted a recovery in the retail and restaurant sector. Photo: AP
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