China's holiday economics: What consumption boom means for economy

For more: https://www.cgtn.com/video China's National Day holiday is a time for millions of Chinese to travel, shop and celebrate, providing a powerful boost to the economy. Chinese visitors' outbound holiday travel bookings have spanned 1,597 cities in 144 countries and regions. The holidays has also sparked a surge in tourism across China. In entertainment, the National Day holiday box office hit a milestone, already surging to over 2 billion yuan as of October 7. From retail to tourism, transportation to entertainment, China's "golden week" is more than just a holiday, it's a key economic driver. So, what do we make of China's holiday economics? Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv