A popular term to describe the huge public spending during holidays which contributes significantly to economic growth and structural upgrade.

In 1999, the State Council decided to extend the public holidays for May Day, National Day and Spring Festival to one week. The holidays became good opportunities for people to travel, shop and generally enjoy themselves.

Since then, the massive consumption has boosted tourism, retail, transportation, cinemas, exhibitions, sports and other related industries, thereby benefiting the people and the country.

相關(guān)閱讀

主辦城市 host city

財(cái)富效應(yīng) wealth effect

新興企業(yè) start-up company

黃金時(shí)段 prime time

（英語點(diǎn)津 陳丹妮編輯）

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