Insight Report 7 minutes PremiumChina National Day Golden Week 2018 Preview Coresight Research September 27, 2018 Executive SummaryChinese tourists travelling during this year’s National Day Golden Week holidays (October 1–7) will boost both global and domestic retail sales. According to Ctrip (China’s largest online travel agency), during this year’s National Day holidays: Over 700 million Chinese citizens will be traveling within the country and around 7 million Chinese will be traveling overseas. These numbers together represent around half of the total Chinese population. The per capita expenditure during these holidays is expected to be ¥3,100 for domestic tourists and ¥7,300 for outbound Chinese tourists. Japan is expected to be the most popular destination for Chinese tourists, followed by Thailand and Hong Kong. The US, on the other hand, has fallen out of favor because of the ongoing US–China trade war. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 52: US Store Openings Pass 5,500Amazon Apparel US Consumer Survey 2023: Understanding Amazon Fashion and Why Consumers Choose ItSurprising Declines in Consumer Activity: US Consumer Survey InsightsChina’s Quick Commerce Market: Competitive Landscape and Emerging Trends Point to Growth
