Group 1: Consumer Market Dynamics - The consumer market in China is showing resilience and vitality, with various local governments implementing consumption promotion plans that integrate consumer stimulation with improving people's livelihoods [1][6][9] - During the Dragon Boat Festival holiday from May 31 to June 2, domestic travel reached 119 million trips, a year-on-year increase of 5.7%, with total spending of 42.73 billion yuan, up 5.9% [1][2] - The "old-for-new" policy has significantly boosted consumer spending, with five major categories generating sales of 1.1 trillion yuan and over 175 million direct subsidies issued to consumers [1][8] Group 2: Travel and Tourism Trends - The overlap of the Dragon Boat Festival and Children's Day has led to a surge in family travel, with bookings for family group tours increasing by 80% and family room reservations rising over 200% [4] - Popular travel regions during the holiday included major city clusters such as Beijing-Tianjin-Hebei and the Yangtze River Delta, contributing to a temporary spike in tourism consumption [2][3] - The inbound tourism market is also thriving, with an expected daily average of 2.15 million inbound and outbound travelers, marking a 12.2% increase from the previous year [5] Group 3: Economic Policy and Consumer Confidence - The Chinese government is focusing on stabilizing employment and promoting consumer confidence through various measures, including enhancing social security and income growth [8][10] - The retail sales of consumer goods reached 16.18 trillion yuan in the first four months of the year, reflecting a year-on-year growth of 4.7%, with service retail sales growing at a faster rate of 5.1% [6][8] - Local governments are actively implementing consumption promotion plans that emphasize income growth and social welfare improvements to enhance consumer spending capacity [9]