Economy

Touching the pulse of China's economic development from the May Day holiday

2026-05-06   

At the beginning of summer, the land of China is full of vitality, and the vitality of development is surging everywhere. On the eve of May Day, April 28th, General Secretary Xi Jinping presided over a meeting of the Political Bureau of the Communist Party of China Central Committee to analyze and study the current economic situation and economic work. The meeting emphasized the need to enhance confidence and take greater efforts and practical measures to do a good job in economic work. The mountains, waters, urban and rural areas are crowded with people, surging with high enthusiasm for travel; The booming market and strong supply and demand reflect the enormous potential of the consumer market; Working hard and forging ahead, painting the most beautiful labor scenery of the holiday... The busy and hot May Day holiday highlights the advantages of a super large market and outlines a thriving Chinese economic landscape. In May, under the warm sunshine of May, the Tianshan Tianchi Scenic Area located in Fukang City, Changji Prefecture, Xinjiang, is bustling with people. The clear lake water reflects the towering Bogda Peak, like a beautiful landscape painting. On short video platforms, one can often see the beautiful scenery of Tian Shan Tian Chi. Today, I finally immerse myself in it and personally feel the amazing craftsmanship of nature. ”Mr. Wang, a tourist from Xi'an, Shaanxi, said. Feel the bright lights in Tangmo Ancient Village in Mount Huangshan, Anhui Province, "shuttle between ancient and modern times" in Luoyang City National Heritage Park in Sui and Tang Dynasties, Henan Province, and walk through the forest in Qingsongling Forest Park in Donghai, Lianyungang, Jiangsu Province... This holiday, people go out of their homes to spring, and feel the wonderful beauty of the United States and China along the way. According to the forecast data from the Ministry of Transport, the cross regional personnel flow in the whole society is expected to exceed 1.52 billion people during this year's May Day holiday, with a daily average of over 305 million people, a year-on-year increase of 4%, and is expected to reach a new historical high for the same period. During the holiday season, cross-border travel became increasingly popular, and Hengqin Port welcomed busy "May Day" passenger traffic. Mainland residents are enthusiastic about traveling to Australia during holidays, while Hong Kong and Macao residents are simultaneously releasing their demand for visiting relatives and consumption in the north. On May 2nd, the inbound and outbound passenger flow at Hengqin Port reached 148000, a year-on-year increase of 15.1%, setting a new historical high for daily passenger flow. ”The staff of Hengqin Border Inspection Station told reporters. Guided by demand, diversified transportation supply unleashes the multiplier effect of "transportation tourism integration". During the May Day holiday, many tourist trains, such as the "Great Beauty Shangrao" themed sightseeing train and the "South of the River" tea picking special train, were opened in a centralized manner. Ten themed tourist roads in Liaoning were all ready to greet visitors. Shanghai Hongqiao Airport launched free half day tours of Yu Garden for inbound and transit passengers. During holidays in China, people enjoy their travels and things flow smoothly. On May 1st, in the section of the Wari Line under the jurisdiction of the Linfen Comprehensive Section of China Railway Taiyuan Bureau Group Co., Ltd., freight trains loaded with electric coal raced through the fertile fields of southern Shanxi. The key task of ensuring the supply of electricity and coal on the Jiaozuo daily power line is to strengthen the maintenance and transportation organization of the line, ensure the efficient transportation of key materials such as electricity and coal, and provide transportation support for people's energy consumption and economic and social development. ”Jia Xinwen, director of the production scheduling command center of Linfen Comprehensive Section, said. According to data from the Ministry of Transport, from April 27th to May 3rd, the national railway transported 80.801 million tons of goods, a month on month increase of 1.63%; The monitored port completed a cargo throughput of 278.234 million tons, an increase of 7.64% compared to the previous period. The market is hot, and holiday consumption reflects development momentum. On the first day of the holiday, the Xicha Bubble Mart City Park store located in Chaoyang Park, Beijing, was very popular. The natural and playful tea drinking space made of natural wood materials attracted a large number of consumers to come and check in. This year's May Day holiday coincides with spring break in many places, and many tourists from other places bring their children to the amusement park to play. Our fresh fruit tea series drinks are very popular. ”Zhao Bing, the duty manager of Xicha Bubble Mart City Park Store, said. According to the monitoring of business big data by the Ministry of Commerce, from May 1st to 4th, the passenger flow and revenue of 78 key pedestrian streets (commercial districts) monitored by the Ministry of Commerce increased by 5.0% and 5.3% respectively year-on-year. Tiktok life service data shows that the sales of Tiktok group purchase of domestic hotels and guesthouses increased 86% year on year during the holiday, and the sales of health care and leisure increased by more than 50% month on month. This holiday, a group of new formats and scenarios centered on "experience" are flourishing in various places, constantly lighting up a new blue ocean of consumption. Participate in the interactive game "Chang'an Xiake Xing" and experience the joy of wandering in the rivers and lakes; By following the "Flying Flower Order" with the "Flower God" and successfully reciting poetry, one can receive the benefit of hairpin flowers... The Chang'an Twelve Hour Theme Block in Xi'an has launched interactive co creation, immersive performances, and other experiential projects, receiving an average of 8000 visitors per day during the holidays. The "May Day" travel report released by Fliggy and Xiaohongshu shows that experiential consumption, which focuses on deep immersion and emotional value during holidays, has grown rapidly. The search popularity of keywords such as river tracing and mountain climbing has increased by 130% year-on-year. Experiential consumption has become an important force in stimulating the deep vitality of domestic demand through the full chain linkage of 'food, accommodation, transportation, tourism, shopping and entertainment' and the integration of multiple formats such as' commercial, cultural, tourism and sports exhibitions', "said Dong Yu, Executive Vice President of the China Development Planning Research Institute at Tsinghua University. During the holiday season, the trend of exchanging old for new remains unabated, and the demand for "revitalization" interacts positively with industrial upgrading, promoting the improvement and expansion of the consumer market. On May 2nd, at the Suning Max store in Wujiaochang, Shanghai, many young people were experiencing AI glasses in the store. By overlaying virtual images, the route can be presented in real time by issuing navigation instructions while cycling or walking. Currently, AI glasses generally support functions such as command based travel planning, and weigh only 40 to 50 grams. They have gradually transformed from initial trial toys into practical portable assistants, with a particularly large number of young people placing orders during holidays. ”The sales manager of 3C category at Suning.com Max store in Wujiaochang, Shanghai said. The 2026 "Buy in China" International Consumer Season, hosted by the Ministry of Commerce and others, plans to hold over a hundred key events during holidays such as May Day and Dragon Boat Festival; UnionPay Cloud QuickPass collaborates with various regions in Jiangsu to launch exclusive consumer promotion activities for the "Su Chao" event... A series of policy measures have been continuously launched to promote the release of the potential of the domestic market. Assistant Minister of Commerce Zhang Li stated that we will continue to focus on the pilot construction of new consumer formats, models, and scenarios, accelerate the cultivation of launch platforms, service consumption clusters, and other carriers, create a number of new consumption scenarios that integrate business travel, culture, sports, and health, and further stimulate consumption momentum. Seize the day and night, work hard, leap forward with vigor, and forge ahead in May, building dreams through labor. During the May Day holiday, many workers in various fields are still quietly working in their positions, injecting momentum into the high-quality development of the first year of the 15th Five Year Plan with practical work. On the banks of the Beibu Gulf in Guangxi, the No. 2 cofferdam downstream of the Pinglu Canal Youth Hub has been officially lifted, and the river water slowly flows into the Youth Hub Ship Lock. The canal hub project has entered the stage of water commissioning. To achieve the goal of completing the navigation project as scheduled in September this year, more than 10000 builders along the entire line of the project have been working hard during the holidays, pushing forward the commissioning work of the hub project with high standards. ”Cheng Yaofei, the commander of the Pinglu Canal Project Construction Command, said. On the morning of May 3rd, at the construction site of the 66kV Shuanghua Line B T-connected to four substations in Changchun, Jilin, dozens of workers quickly climbed onto the iron tower. Ground personnel held walkie talkies and closely watched the pulley, cooperating to adjust the wire laying speed. Now is the golden period for construction. As an important supporting project for the Changchun Winter Games, the substation will undertake the high reliability power supply guarantee for the local ski resort after completion. ”Li Chengguang, the manager of State Grid Changchun Shuangyang District Power Supply Company, said. Entering the park and enterprises, many people who stick to their work posts during holidays are busy with new orders and tasks. On the fourth day of the holiday, at Gaodeshi Precision Technology Co., Ltd., a building block manufacturer in Shantou, Guangdong, mold engineers were converting product sketches provided by customers into standardized engineering drawings. Since the beginning of this year, there has been strong demand in both domestic and international markets. By optimizing production scheduling and strengthening quality control, the company has produced over 40 million building block particles per day during the holiday period, laying the foundation for the release of production capacity in the second quarter and achieving the annual target. ”Chen Yisheng, the secretary of the company's party branch, said. During the holidays, the land of China is filled with bustling scenes - in Heilongjiang, high-powered motorcycles shuttle back and forth on the endless black soil, cameras remotely monitor the growth of spring seedlings, and technology escorts spring plowing and management; In Zhejiang, the construction of the artificial intelligence industry ecosystem is accelerating, with large-scale model training and industry applications advancing simultaneously, injecting new momentum into the high-quality development of the digital economy; In Tianjin Port, major operating areas are frequently visited by large ships, and goods such as new energy vehicles, high-end equipment, and fine chemicals are sent to the world through air routes... In the first year of development, we are striving on the road of progress. The flow of people and logistics is intertwined and surging, the market heat continues to rise, and the pace of hard work is not stopping... Through the window of the May Day holiday, a vibrant and enterprising China is accelerating the release of new development momentum and showcasing a new development atmosphere. (Looking into the New Era)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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