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Data shows that watches and household appliances dropped from the top three and that Chinese tourists abroad also no longer favor rice cookers and toilet covers.

Daily railway passenger trips during the holiday, running from May 1 to 5, are expected to reach 5 million, about one-third of the level seen during last year's same period. The number of daily road trips for the holiday is expected to reach 17.98 million.

Dan Houston, chairman and CEO of global financial investment management company Principal Financial Group, said earlier he has great confidence in the nation's huge pension market, and the challenges for the company in developing its business in China include persuading employers to adopt enterprise annuities and making Chinese people comfortable about using the sector's products to invest for the long term.

Dai Bin, director of the China Tourism Academy, said Chinese tourists are seeking more diverse experiences overseas. "More Chinese tourists are pursuing personalized, tailored and quality traveling experiences, resulting in more bookings to exotic destinations, reflecting their rising purchasing power and evolving tastes," he said.

Dahl, from Wellington College, said the most important factor for UK independent schools establishing international branches in China is finding the right partner.