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…