CICC: Young people in mainland China are the main force in consumption, with a long-term layout for self-indulgent consumption; recommends sectors such as trendy toys and electronic cigarettes
Zhitong·- CICC reports that consumer data for the 2025 National Day and Mid-Autumn Festival shows strong performance driven by extended holiday travel. - Domestic and outbound travel activity is high, with a 6.2% increase in average daily cross-regional movement and a 14.6% rise in travel spending. - CICC recommends sectors like trendy toys and e-cigarettes, as well as domestic beauty and personal care brands, while highlighting retail sectors benefiting from supportive policies.CICC: The tourism prosperity during the National Day holiday has improved year-on-year, and consumption is expected to continue the warming trend
Zhitong·- According to a report by CICC, the 2025 National Day and Mid-Autumn Festival holiday will last 8 days, promoting increased consumer activity. - Predictions indicate a total of 139,000 flights during the holiday, with a 5.7% year-on-year increase, and a significant rise in multi-destination travel trends among younger tourists. - The report also highlights that over 480 million RMB in consumer subsidies will be distributed, further enhancing consumer willingness and boosting holiday spending.