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China's services sector saw the strongest expansion in a decade last month as the resumption of business activity accelerates and the country's economy continues to recover, a private survey showed on Friday.
China's retail sales, which posted their first positive year-on-year growth last month, remained the weakest link as other economic indicators, such as investment and industry, pointed a more robust recovery in August.
China's retail sales of consumer goods declined 19 percent year-on-year in the first quarter amid the novel coronavirus epidemic. Online sales stayed relatively stable as consumers turned to online shopping when staying indoors, falling 0.8 percent. Online sales of physical goods expanded 5.9 percent to 1.85 trillion yuan, accounting for 23.6 percent of the total retail sales in the first quarter.
China’s tourism revenue for the upcoming New Year’s Day holiday is estimated to reach 76.5 billion yuan (.7 billion), an increase of 12.7 percent year-on-year, according to China National Tourism Administration’s Wednesday announcement.The announcement forecast the number of China’s domestic tourist trips during the New Year’s Day holiday will reach 135 million, up by 12.5 percent from the corresponding period last year.As the New Year’s Day holiday is relatively short, lasting three days, most people will make short-distance trips and driving will become their first choice for transportation.
China's reform and opening-up has gained momentum in the 40th anniversary of a great revolution that has changed the destiny of the Chinese nation and influenced the world. But some critics still see the speedup as a compromise to external pressure.
来源：资阳报