Insight Report 7 minutes PremiumChina’s National Day Wrap-Up: Golden Week Brings Spending Boom Coresight Research October 14, 2019 Executive SummarySales of retail goods and dining in China during the week-long National Day holidays on October 1-7, 2019 saw stronger growth than last year, injecting positive momentum in a slowing economy. Overall revenue from retail and dining in China reached ¥1.5 trillion ($212.6 billion), up 8.5% year over year, according to the China’s Ministry of Commerce. Retail, catering and travel are the three driving forces that lifted domestic demand during the holidays. Movie theater box offices also saw robust growth, owing to movies paying tribute to China’s 70th anniversary of foundation. To encourage spending, some Chinese cities extended retail hours, encouraging businesses to operate during the night (often defined as the period between 6pm and 6am). 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: Shoptalk 2024 Day One: Game-Changing AI, Multi-Benefit Associate Apps and the Keys to Success for Retail Media (Not for the Faint-Hearted)India’s Post-Pandemic Retail Revival: Five Key Trends Signaling the Brick-and-Mortar ComebackUS Apparel and Beauty Spending Tracker, September 2023: Clothing and Footwear Growth Softens Substantially, While Beauty Growth Remains ResilientFive Insights from eTail Boston 2023: Building Omnichannel Experiences, Unlocking the Power of Data, and More