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What China’s $113 billion Golden Week spending says about its economy
Manage episode 512816621 series 62227
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China has wrapped up its National Day and Mid-Autumn Festival holidays with impressive numbers. During the eight-day holiday break, 888 million trips were made, marking a 16% increase compared to the previous year. Domestic tourism revenue reached over 800 billion yuan, approximately $113 billion, a 15% year-on-year growth. What do these figures reveal about China’s booming holiday economy? And how are technology, culture, and policy working together to drive tourism and consumer spending? Host Xu Yawen is joined by John Gong, Professor at the University of International Business and Economics; Subramania Bhatt, Founder and CEO of China Trading Desk (CTD); and Dai Li, Associate Professor in Development Economics at Hunan University.
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Manage episode 512816621 series 62227
Content provided by podcastcp and China Plus. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by podcastcp and China Plus or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
China has wrapped up its National Day and Mid-Autumn Festival holidays with impressive numbers. During the eight-day holiday break, 888 million trips were made, marking a 16% increase compared to the previous year. Domestic tourism revenue reached over 800 billion yuan, approximately $113 billion, a 15% year-on-year growth. What do these figures reveal about China’s booming holiday economy? And how are technology, culture, and policy working together to drive tourism and consumer spending? Host Xu Yawen is joined by John Gong, Professor at the University of International Business and Economics; Subramania Bhatt, Founder and CEO of China Trading Desk (CTD); and Dai Li, Associate Professor in Development Economics at Hunan University.
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A comprehensive roundup of the major stories from the region and the people involved and affected by them.
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continue reading
Weekly wrap of events of the week peppered with context, commentary and opinion by a superstar panel. Click here to support Newslaundry: http://bit.ly/paytokeepnewsfree Hosted on Acast. See acast.com/privacy for more information.
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continue reading
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…
continue reading
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continue reading
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Hosted by Ryan Warner and Chandra Thomas Whitfield, CPR News' daily interview show focuses on the state's people, issues and ideas.
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The Cārvāka Podcast is a series of long-form conversations hosted by Kushal Mehra. The podcast covers a wide range of subjects where Kushal speaks with a wide range of guests to talk about sports, philosophy, public policy, current affairs, history, economics, etc.
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