Cyanhill Capital 青山资本’s Post

#PolicyUpdates According to estimates from the Data Center of the Ministry of #Culture and #Tourism, during the 7-day #National Day #holiday, there were 765 million domestic trips taken nationwide, representing a year-on-year increase of 5.9%, and a growth of 10.2% compared to the same period in 2019. The total spending by domestic #tourists reached 700.817 billion yuan, showing a year-on-year increase of 6.3% and a growth of 7.9% compared to 2019. On October 6, #Meituan released data showing that during the first five days of the National Day holiday, average daily #dining-in #consumption increased by 33.4% compared to the 2023 National Day holiday, while nationwide in-store consumption in life #services grew by 41.2% year-on-year.

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