China s eight-day Mid-Autumn Festival and National Day holidays wrapped up on Friday, with the number of domestic trips and tourism revenue seeing robust growth and exceeding that of 2019, underscoring the robust recovery of the world s second-largest economy.
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China s major industrial firms saw their profit surge in August, reversing the downward trend and increasing by 17.2 percent from a year earlier, the latest sign of sustained recovery in the world’s second-largest economy as stimulus kicks in.
As the 8-day Golden Week holiday approaches, tourists are swarming to China s famous landmarks like Tian anmen Square in Beijing, the Bund in Shanghai, and West Lake in Hangzhou, East China s Zhejiang Province. The vibrant atmosphere, buzzing with excitement and activities, serves as a vivid reflection of the unwavering confidence of the Chinese people in the country s economy and bright future.
China is moving swiftly to further accelerate what officials call the “new industrialization” process, aiming to upgrade traditional industries, cultivate new strategic industries, and promote advanced manufacturing and digitalization, a broad campaign to ensure the country’s industrial security and competitive edge amid rapidly rising global competition and risks.