China’s Golden Week holiday a driver for domestic growth, global recovery amid COVID-19

Travellers visit Yangchenghu Expressway Service Area along the Shanghai-Nanjing Expressway in Suzhou, Jiangsu Province (Xinhua-Li Bo)
Travellers visit Yangchenghu Expressway Service Area along the Shanghai-Nanjing Expressway in Suzhou, Jiangsu Province (Xinhua-Li Bo)

Xinhua | 09-Oct-2020 | By Zeng Yan

“In any year, the outlay of the weeklong holiday is a closely watched barometer of the country’s economic health,” The New York Times reported, noting that this year’s holiday offered “the clearest measure yet of China’s recovery from the pandemic.”

BEIJING, Oct. 9 (Xinhua) — China’s National Day holiday, or the Golden Week holiday, this year has emerged from the shadow of COVID-19 as more than 600 million tourists made domestic trips, showing China’s strong rebound from the pandemic, which will give global economic recovery a leg up.

Train tickets were sold out, hotel reservations hard to make, and highways crawling with vehicles: millions of Chinese people could finally enjoy a weeklong holiday without worrying about quarantines, tests and other restrictions on their movements. China’s successful containment of the virus reassures the people that it is safe to travel domestically in the long-awaited holiday, which provides plenty of opportunities for their pent-up demand to be met. The Golden Week is sure to help boost consumer confidence and facilitate economic recovery.

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