Photo:Chen Xia/GT

Consumption in China set to rise during Qingming Festival, a good start for Q2 GDP

Residents take selfies while enjoying cherry blossoms in a park in Shanghai. Photo: Chen Xia/GT

Chinese consumption in many sectors including tourism, catering and transportation is expected to experience a boost during the Qingming Festival holiday as China lifts restrictions on people’s movement after tamping down the epidemic, with many sectors having prepared accordingly. Experts said it could be a good sign for the second quarter’s economic rebound.

The Qingming Festival holiday falls from April 3 to 5 this year, and many Chinese will return home to pay tribute to their deceased relatives. It is also a great time for spring outings. 

Since March 16, people from low-risk areas have been able to travel freely across the country with…

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