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The highlights this week: Chinese travelers celebrate a national holiday, a senior diplomat receives a big promotion, and youth unemployment numbers spike.
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National Holiday Gives Boost to Tourism
It’s been a slow week for news in China because of the ongoing national holiday. The country is celebrating a “Golden Week” from Oct. 1 to Oct. 8, marking the anniversary of the founding of the People’s Republic of China. This year, the holiday coincides with the Mid-Autumn Festival, making it a slightly longer “Super Golden Week.”
It’s a popular time for Chinese people to travel, both within the country and internationally. As many as 8.4 million people are expected to travel abroad during this week’s holiday—more than double the 3.8 million people who did so last year.
China is the world’s top outbound tourism spender, with Chinese travelers spending $250.6 billion abroad last year. That puts it ahead of the United States, where people spent $177.8 billion on travel in 2024.
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