In world’s 2nd largest economy, Golden Week spending per trip hits four-year low

Largest Economy is worth knowing before you plan the route. Chinese travelers’ average spending per trip fell to a four-year low during this year’s seven-day Golden Week holiday. Dashing hopes that strong travel demand would spur a broader recovery in consumer spending. Chinese consumers instead opted for more overseas travel to take advantage of a longer travel period around the holiday.

Chinese travelers’ average spending per trip fell to a four-year low during this year’s seven-day Golden Week holiday. For travelers, the practical note is how largest economy fits into a realistic Vietnam day.

Planning a trip around largest economy? V-International Tour & Travel can help shape a practical Vietnam itinerary.

Largest Economy in Practice

That trend, along with movie ticket sales falling to their lowest in 12 years during the period. For example, will likely raise concerns in the government, which has sought to spur domestic spending to boost the world’s second largest economy. For instance, average spending per domestic trip during the holiday fell 1.9% to 893.92 yuan (US$133.51) from 911.04 yuan a year earlier. According to Reuters calculations based on government data published on Friday.

How to Place Largest Economy in Your Route

Key figures include 1.9%, 123%, 84%. These numbers show how largest economy is unfolding in practice.

Useful reference points: 1.9%, 123%, 84%. Keep these in mind while you plan around largest economy.

What to Expect on the Ground

People enjoy the city lights at the Bund during the five-day Labor Day holiday in Shanghai. China, May 4, 2025. Photo by Reuters That was the lowest since 2022, when spending fell to 680.60 yuan during the most severe period of China’s Covid restrictions. The National Day holiday is one of China’s longest public breaks, and spending per trip is closely watched as a gauge of consumer confidence.

For deeper insights, explore our related coverage: World’s second most visited country reports $112M foreign tourism spending in eight months and Hanoi after dark: Inside Southeast Asia’s second best city for nightlife.

Planning Notes

Consumer spending in China has remained stubbornly weak in recent years as a prolonged property downturn. Sluggish wage growth a soft job market weighed on household sentiment. Chinese consumers have a “strong willingness to spend, but weak confidence,” said Ailsa Liao. A senior analyst at Forthright Securities.

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“The key constraint, in our view, is not a lack of desire to consume. But uncertainty over income employment prospects,” she said. Shorter holiday The seven-day holiday beginning Oct. 1 was one day shorter than last year’s break.

For more on Vietnam travel, see also: 4 Southeast Asian countries among world’s 20 best for travelers this year and World’s second most visited country reports $112M foreign tourism spending in eight months. Official visitor information is available from the Vietnam National Authority of Tourism.

Conclusion

Largest Economy is a useful stop when you want quiet roads and time to look around. Keep the day flexible, and leave space for weather and slow meals.

For more information, visit Vietnam Government Portal.

Source: https://e.vnexpress.net/news/travel/in-world-s-2nd-largest-economy-golden-week-spending-per-trip-hits-four-year-low-5130737.html

Additional notes

Consumer spending in China has remained stubbornly weak in recent years as a prolonged property downturn, sluggish wage growth and a soft job market weighed on household sentiment.

Chinese consumers have a “strong willingness to spend, but weak confidence,” said Ailsa Liao, a senior analyst at Forthright Securities.

“The key constraint, in our view, is not a lack of desire to consume, but uncertainty over income and employment prospects,” she said.

However, many travellers combined it with the Mid-Autumn Festival holiday, which fell on Sept.

27, creating a potential 13-day vacation that encouraged longer, more far-flung trips.

More than half of outbound overseas flight bookings made through Trip.com Group were for departures before Oct.

1, with average trip lengths exceeding nine days, the online travel agency said.

Bookings for foreign hotel stays of at least seven nights rose 123% from a year earlier, while multi-destination itineraries climbed 84%, it added.