Core Insights - The cultural and tourism market in China is stable and orderly during the National Day and Mid-Autumn Festival holiday in 2025 [1] Group 1: Travel Statistics - During the 8-day holiday, there were 888 million domestic trips, an increase of 123 million trips compared to the 7-day holiday in 2024 [1] - The total domestic travel expenditure reached 809 billion yuan, which is an increase of approximately 108.19 billion yuan compared to the previous year [1]

Group 1 - The upcoming National Day and Mid-Autumn Festival holiday will last for 8 days from October 1 to October 8, 2025, which is expected to positively impact the tourism market [1] - Tourism ETFs focusing on sectors such as scenic spots, airlines, duty-free shops, and hotels have seen a three-day adjustment, with funds entering the market for two consecutive days, accumulating over 30 million [1] - There is a significant increase in travel search volume for the upcoming holiday, with domestic flight searches rising over 30% year-on-year as of September 11 [1] Group 2 - The government is advancing consumption expansion policies, with a joint announcement from the Ministry of Commerce and nine other departments on September 5, outlining 19 measures aimed at boosting service consumption and expanding domestic demand [1]