Core Insights - The National Taxation Administration reported a 4.5% year-on-year increase in daily sales revenue for consumption-related industries during the 2025 National Day and Mid-Autumn Festival holiday, with service consumption growing by 7.6% [1][2] - The strong demand for services such as tourism, culture, arts, and sports during the eight-day holiday reflects the robust potential of service consumption [1][2] - The shift in consumption structure towards a balance between goods and services is evident, with per capita GDP reaching $13,000, making service consumption a new engine for driving economic growth [1] Industry Developments - A series of measures to promote the service consumption industry are being implemented, including over 29,000 cultural and tourism events and the distribution of over 480 million yuan in consumption subsidies during the holiday period [2] - High consumer engagement is noted, with some restaurants achieving up to 13 table turnovers in a single day, and sports tourism product orders increasing by 120% year-on-year [2] - The industry is encouraged to optimize supply and stimulate demand by enhancing the quality of basic consumption and innovating consumption scenarios to expand new consumer experiences [2]
央广财评|政策引导、市场呼应:服务消费长假表现亮眼
Yang Guang Wang·2025-10-10 07:20