Golden Week holiday data shows consumption boom

Meituan, a popular service platform in China, published data on consumer spending during the Golden Week holiday on Oct 5.

It showed that daily average spending on services and retail across the country increased by 153 percent compared to the same period in 2019, making it the most prosperous Golden Week in five years.

The top five cities in terms of spending during this holiday were Shanghai, Beijing, Chengdu, Chongqing, and Shenzhen.

This year's holiday also saw a notable increase in dining out. Data showed that in-restaurant dining spending across the country grew by 254 percent compared to 2019.

The availability of high-quality dining options contributed to the boost in the restaurant industry during the holiday season.