【申万宏源研究春节见闻】昆明:春城烟火漫江畔,茶咖飘香引客来
Xin Lang Zheng Quan·2026-02-23 06:28

Group 1 - The article highlights the vibrant night economy in Kunming, showcasing a blend of cultural tourism and local specialties, with a focus on the bustling atmosphere of South Qiang Street [1][3] - Kunming's night economy has evolved into a diverse ecosystem, with the city establishing 4 national, 9 provincial, and 12 municipal night economy clusters, leading to significant revenue growth and job creation [3][4] - The tourism sector in Kunming has seen a remarkable increase, with a 46% year-on-year growth in overall tourism orders during the Spring Festival, and a 35% increase in flight bookings [4][6] Group 2 - The coffee and tea industries are pivotal to Kunming's economy, with the city serving as a major hub for coffee distribution and the largest tea market cluster in Southwest China, contributing to a projected tea industry output value of 9.871 billion yuan in 2024, a 14.92% increase [6][8] - The service sector is a core pillar of Kunming's economy, with its GDP share rising from 51% in 2014 to an expected 67% by 2025, driven by the integration of cultural tourism and specialty industries [8][10] - The number of listed companies in Yunnan province is 39, with 29 based in Kunming, indicating a need for further development in the capital market to support local industries and enhance economic growth [17][19]