A woman walks past stores in a shopping mall in Beijing on July 18, 2023. Greg Baker/AFP via Getty Images
China’s “golden week” holiday consumption has fallen short of expectations, according to official data. Meanwhile, Chinese business owners and residents shared their experiences with The Epoch Times, revealing an even bleaker situation.
According to data released on Oct. 5 by the Ministry of Commerce, sales at key retail and catering enterprises in mainland China increased by 3.3 percent year-over-year during the first four days of the National Day holiday, which runs from Oct. 1 to Oct. 8.
