China’s ‘Golden Week’ boom signals robust revival

Improved sales: Data released by China’s Ministry of Commerce show that major retailers and catering companies generated total sales of 1.6 trillion yuan from October 1 to 8, with daily revenue up 4.9% against the same period a year ago.

NEARLY half of China was on the move during the recent Oct 1-8 eight-day “Golden Week” – a nationwide holiday to celebrate China’s National Day and mid-Autumn Festival.

Across the country, from the Yellow Crane Tower in Wuhan, capital of Central China’s Hubei Province – the city put into lockdown for 76 days for epidemic prevention – to the Great Wall in Beijing, crowds were seen spanning miles across tourists sites.