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China saw a surge in domestic tourism during the five-day-long May Day break, with nearly 300 million trips taken within the country, reflecting the country's growing momentum of economic recovery.
China is taking efforts to cultivate new quality productive forces, signaling a move from high-speed to high-quality economic growth. The transition encompasses a broad spectrum of initiatives, showing concerted efforts in fostering emerging industries and upgrading traditional sectors of the economy.
China's official manufacturing purchasing managers' index (PMI) came in at 50.8 in March amid an increase in market activity, up from 49.1 a month earlier, returning to the expansion territory in six months, data from the National Bureau of Statistics (NBS) showed on Sunday.
The chunyun or Spring Festival travel rush for 2024 - the world's largest annual human migration - officially starts on Friday, and is expected to set a new record of 9 billion passenger trips during the 40-day travel peak. From jam-packed transportation hubs to the hustle and bustle seen in markets nationwide, the anticipated booming Chinese New Year holidays are poised to continue the country's steady recovery while ushering in a lively 2024.
China on Wednesday reported better-than-expected retail sales and industrial data for October, underscoring that the world's second-largest economy has been