Multiple indicators signal upward trend in Chinese economy

business2024-05-09 10:01:275466

(ECNS) -- The bustling Qingming holiday, resurgence in the manufacturing Purchasing Managers' Index (PMI), along with record-high imports and exports in the first two months, underscore the vitality of China's consumption, production, and foreign trade, signaling an upward trajectory of its economy.

Surging tourist numbers and soaring spending

During the three-day Qingming Festival holiday, the number of travelers surged, coupled with escalated spending.

Passengers walk out of Beijing South Railway Station, April 6, 2024. (Photo: China News Service/Jia Tianyong)Passengers walk out of Beijing South Railway Station, April 6, 2024. (Photo: China News Service/Jia Tianyong)
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