Traders listen at the New York Stock Exchange to President Donald Trump's televised speech from the White House on Friday in New York. MARK LENNIHAN/ASSOCIATED PRESS
Traffic flow in Huai'an, East China's Jiangsu province, Oct 18, 2018. [Photo/IC]
Tourism has become a fast consumer good for Chinese residents. The most popular travel products in the past three years have shifted to flight tickets, vouchers to stay in luxury hotels and go to buffets, and entrance tickets for theme parks, compared to simple flight tickets and hotel bookings in an earlier time.
Tourists visit Qilou ancient street in Haikou, capital of south China's Hainan Province, Feb. 6, 2019, the second day of the Chinese Lunar New Year. (Xinhua/Guo Cheng)
Total investment from January to July stood at 33.74 trillion yuan (about .1 trillion).
Tokyo replaced Paris as Michelin's culinary capital when the guidebook was first introduced to Japan in 2007 and has outranked the City of Light ever since.
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Travelers to the Grand Canyon can also take helicopter tours for a bird's-eye view of the spectacular scene from the air. More than half a million visitors take the helicopter tours annually, the national park said.
Traditional retail companies in the capital saw their New Year's sales grow more than 20 percent compared with last year, according to data from the commerce commission.
Trade fears aside, economists were slightly more optimistic about the economy this year. The median forecast for inflation-adjusted gross domestic product growth rose to 2.9 percent from a 2.8 percent pace projected in the June survey. The 2019 estimate remained at 2.7 percent.
Total foreign trade volume hit 25.6 trillion yuan (.67 trillion), expanding 2.4 percent year-on-year, the General Administration of Customs announced on Friday.