China's Booming Electric Vehicle Sales: A Golden Week Fueled by Stimulus
China's electric vehicle (EV) market is experiencing a remarkable surge during the recent Golden Week holiday, achieving its best performance in years. This growth is largely attributed to a series of governmental stimulus measures aimed at propelling the industry forward. The country's commitment to electrification and sustainable transportation is clearly paying off, with both domestic and foreign EV manufacturers benefiting from the uptick in consumer demand.
Continue readingChinese Travelers Flock to Europe and Exotic Destinations for Golden Week
The newest story to develop in China's travel market is a rise in Chinese citizens making plans to visit Europe and other faraway destinations for the Golden Week holiday. This week-long holiday encompasses China's National Day, celebrated on October 1, and is habitually a day when families get together to go on national travel. This year is different, though: it is a period of international travel driven by pent-up demand coupled with loosened travel restrictions.
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