China s consumption engine fully back to rolling, May Day holiday data shows
Zhao Yusha Published: May 05, 2021 11:09 PM Updated: May 06, 2021 12:17 AM
Tourists climb Huashan Mountain in Weinan, Northwest China’s Shaanxi Province on Wednesday, the last day of the country’s five-day May Day vacation. The tourist spot put a cap of 30,000 visits per day during the holiday due to coronavirus prevention precautions. Photo: Xinhua
China s consumption engine has almost completely recovered to post-pandemic levels, as shown by surging spending on items from travel products to duty-free goods during the 2021 May Day holidays, which witnessed the country s largest population movement after last year s National Day holidays.
Devastating epidemic may drag Indian economy back to 20 years ago ; China stands ready to help
Zhang Hui Published: Apr 24, 2021 07:31 PM
Multiple funeral pyres of COVID-19 victims burn at a site converted for mass cremations in New Delhi, India on Saturday. Indian authorities are scrambling to get medical oxygen to hospitals when the country reported a new global daily record of more than 346,000 infections for a third straight day. Photo: AP
As India suffers its worst humanitarian crisis amid the devastating second wave of COVID-19 with the fastest rise in new daily cases any country has experienced since the outbreak, the Chinese government and enterprises have made goodwill gestures by offering help or donating medical supplies despite sour bilateral ties.
Chinese students return to school amid zero local COVID-19 transmissions
Liu Caiyu Published: Mar 01, 2021 06:15 PM
Students from middle and primary schools and kindergartens in Beijing ushered in the new semester as planned on March 1.Photo:Li Hao/GT
Chinese students on Monday returned to campuses amid zero domestic COVID-19 transmissions for 14 consecutive days.
Schools in Beijing saw students wearing masks return to campus on a snowy Monday morning. When the Global Times visited Jingyuan school in Beijing s Shijingshan district on Monday morning, the reporter saw every student wearing a mask in class and were only allowed to enter the campus after having their body temperature checked.
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Year of Ox Spring Festival signals persisting recovery
Zhao Yusha Published: Feb 18, 2021 12:33 AM
Stay-at-home economy shines during 2021 Spring Festival Infographic: Jin Jianyu/GT
Robust consumption during the Year of the Ox Spring Festival holidays, with crowded cinemas and scenic sites seen across the country amid a stay-put policy introduced to ward off a possible winter spike of COVID-19, again validated strong consumer confidence in the world s second-largest economy, analysts said on Wednesday.
The brisk, but most importantly, stable performance of retail sectors for the Spring Festival holiday season, which began on February 11 and wrapped up on Wednesday, is seen as a good sign for economic performance for the first quarter as well as for the whole year by economists.