{"id":106710,"date":"2019-04-30T11:00:05","date_gmt":"2019-04-30T04:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hotels-sector-is-poised-to-benefit-from-beijings-domestic-consumption-push\/"},"modified":"2019-04-30T12:10:05","modified_gmt":"2019-04-30T05:10:05","slug":"chinas-hotels-sector-is-poised-to-benefit-from-beijings-domestic-consumption-push","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-hotels-sector-is-poised-to-benefit-from-beijings-domestic-consumption-push\/","title":{"rendered":"China\u2019s hotels sector is poised to benefit from Beijing\u2019s domestic consumption push"},"content":{"rendered":"


\nDespite the fact that China\u2019s GDP growth in 2018, at 6.6 per cent year on year, was the slowest in 28 years, the country\u2019s hotel sector saw robust growth. A growing middle-class population and a government policy to boost domestic consumption ensure positive long-term prospects for the hospitality market.Tourism continued to be an important growth engine for mainland China\u2019s economy. In 2018, the domestic tourism industry contributed about 9.94 trillion yuan (US$1.47 trillion), or 11.04 per\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s hotels sector is poised to benefit from Beijing\u2019s domestic consumption push<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite the fact that China\u2019s GDP growth in 2018, at 6.6 per cent year on...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106710","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rL8","jetpack-related-posts":[{"id":168786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-industry-remains-an-enemy-within-for-beijings-economic-targets\/","url_meta":{"origin":106710,"position":0},"title":"Property industry remains an enemy within for Beijing\u2019s economic targets","date":"January 4, 2026","format":false,"excerpt":"\r The slumbering property sector remains a threat to China\u2019s economic growth because of its huge impact on the employment rate and consumer demand, according to industry officials and analysts. 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