中国经济：假期数据、PMI 回升、以旧换新补贴、楼市宽松_ China Weekly_ Holiday data, better PMIs, trade-in subsidies, property easing

ab Global Research 5 January 2026 China Economic Comment China Weekly: Holiday data, better PMIs, trade- in subsidies, property easing 2026 New Year holiday: tourism data, duty-free sales, passenger turnover During the 3-day 2026 New Year holiday (Jan 1-3, 2026), domestic tourism visitors and total revenue recorded 142mn person*times (+5% compared to 3-day 2024 holiday) and RMB 84.8bn (+6% compared to 2024 holiday), 15% and 12% above 3-day 2019 holiday levels, respectively. Tourism revenue per visitor was 9 ...