China: GDP: Tertiary Industry: Accommodation and Catering Services

Macro

2025-01-20

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

In 2025, the output value of China's accommodation and catering industry reached 26,403 billion RMB, an increase of approximately 6.8% from the previous figure, maintaining expansion for three consecutive years and setting a new historical record. Against the backdrop of a moderate recovery in the overall service sector, this sector benefited from "emotional value" consumption upgrades and the ice and snow tourism boom, outperforming the overall service sector average.

AI Data Insight

In 2025, the output value of China's accommodation and catering industry reached 26,403 billion RMB, an increase of approximately 6.8% from the previous figure, maintaining expansion for three consecutive years and setting a new historical record. Against the backdrop of a moderate recovery in the overall service sector, this sector benefited from "emotional value" consumption upgrades and the ice and snow tourism boom, outperforming the overall service sector average.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Yearly
Next Update