Consumer spending continues to downgrade during National Day.
The National Tourism Administration's data center predicts that during the National Day holiday in 2024, there will be 765 million domestic tourists, with an increase of 5.9% compared to last year and an increase of 10.2% compared to 2019. The total consumption of domestic tourists is 700.817 billion yuan, with an increase of 6.3% compared to last year and an increase of 7.9% compared to 2019. People have more money to spend on their trips but the average amount they spend per person has decreased.
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