Did you travel on New Year's Day holiday this year?

Did you travel on New Year's Day holiday this year? There should be many friends there. Because the data shows that more than 50 million people are traveling during the three-day holiday on New Year's Day, creating more than 26 billion tourism income, a slight increase over the same period last year. Of course, there is still a big gap compared with the situation before Y, but it has basically recovered to about 40% of the same period of 20 19. The "New Year's Eve Economy" continues to exert its magic, and many popular cities are bursting. For example, hotel bookings in Xishuangbanna and Harbin increased by more than 10 times year-on-year, and flights to Sanya were full and hotels were full. Fireworks has really recovered a lot.

But due to the arrival of the first wave, more people are still resting at home. Therefore, there is no so-called "retaliatory" growth of consumption represented by tourism and catering. But the rebound is also visible to the naked eye. From the perspective of economics, there are several preconditions for consumption recovery, namely, scenario, demand and supply. The restricted consumption scene in the past three years has basically recovered. Demand plays a key role in demand and supply. FGW also pointed out that insufficient total demand is a prominent contradiction facing the current economic operation, and priority must be given to restoring and expanding consumption.

Behind the demand are income levels and future expectations. I wonder if you have noticed that people in 2022 are more willing to save money than before. This is fully reflected in the scale of residents' excess savings. What is excess savings? The data shows that the new savings of residents in 20021year was 9.9 trillion, and it is estimated that the new savings in 2022 will be about 16 trillion. The extra 6 trillion is called excess savings. Compared with the past few years, people were more willing to save money last year than to spend and invest.

So will last year's excessive savings become this year's excessive consumption? There is still a chance. With the continuous improvement of the consumption environment, the continuous implementation of promotion fee policies in various places and the continuous innovation of online and offline consumption scenarios, the consumer market in 2023 can still be more confident. After all, after the warm spring in bloom, people are still more willing to embrace their own kind and the world.

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