China's tourism market boom over the three-day New Year's Day holidays did not end with the holidays. Over the past several days, bustling scenes of tourists enjoying ice and snow activities in Harbin in Northeast China's Heilongjiang Province and sunshine in South China's Hainan Province have become hot topics in China and abroad.

The busy, lively scenes are not limited to Harbin and Hainan. Other parts of China, including Northwest China's Xinjiang Uygur Autonomous Region, are also seeing robust growth in the number of tourists and revenues they generate. The tourism boom is expected to last through the Chinese Lunar New Year holidays, which is about a month away, according to travel agencies and experts.

The tourism boom not only illustrates the vitality and potential of China's consumption market, but also paves the way for the overall economic recovery in 2024, experts said, with some predicting solid economic recovery this year, though further policy measures are needed to tackle pressure and challenges.

On Friday, Harbin officially kicked off its annual International Ice and Snow Festival, declaring a public holiday. The festival also opened along with the launch of the China-France Year of Culture and Tourism, according to a statement from the Ministry of Culture and Tourism on Friday.

The opening of the International Ice and Snow Festival comes as Harbin became a sensation for its winter tourism boom since the New Year's Day holidays, attracting hundreds of millions of views and comments on social media platforms. Video footage of tourists in winter clothes dancing to music in Harbin posted by China Media Group has attracted more than 13.18 million views on Sina Weibo as of Friday afternoon.

While a final tally on attendees at the festival was not yet available on Friday, Harbin has already seen robust numbers. During the three-day New Year's holidays, the city saw about 3.05 million tourist trips and a total tourism revenue of about 5.91 billion yuan ($832 million) - both are historical highs, according to local official data.

Harbin is not alone in seeing a tourism boom. Xinjiang, which has become a top tourist spot in China for its beautiful nature and culture, also saw rapid growth in trips and revenue. During the New Year's Day holidays, Xinjiang received more than 1.66 million trips, up 195 percent year-on-year, and generated about 1.76 billion yuan in tourism revenue, up 424.3 percent year-on-year, according to local data.

Meanwhile, Hainan, which is known for its warm weather in the winter, also saw growth rates of over 60 percent in both trip numbers and tourism revenue over the New Year's Day holidays. More importantly, bookings for Hainan for the upcoming Chinese Lunar New Year holidays are already picking up pace, according to media reports.
Support for economic recovery

"As the Chinese Lunar New Year holidays approach, it is expected that the tourism market nationwide will continue to see a relatively big boom," Chen Fengying, an economist and former director of the Institute of World Economic Studies at the China Institutes of Contemporary International Relations, told the Global Times.

Chen, who was visiting Hainan, said that the tourism market in the province is "very hot" and consumers' willingness to travel is also "relatively high," which "will provide support for China's economic recovery," she said.

The tourism boom means increased spending and businesses activity for companies in a wide range of areas. For example, after Harbin became a sensation, various companies have seen rapid growth in business. Notably, share prices of Changbai Mountain Tourism Co, which is based in Northeast China's Jilin Province, surged more than 51 percent over the past five days.

As the ice-and-snow fever continues to grow after the Beijing Winter Olympics in 2022, China's winter tourism market is rising rapidly, benefiting areas such as Northeast China and Xinjiang, where ice and snow activities are popular. The China Tourism Academy predicted that during the 2024-2025 ice and snow season, a total of 520 million trips and a revenue of 720 billion yuan are expected.

Cao Heping, an economist at Peking University, said that he has been traveling across the country since the beginning of the year and has seen a robust recovery in the tourism industry.

"The rebound in consumer demand also reflects the development trend of China's economy. The recovery of consumption has a positive impact on consumer confidence and further boosts economic recovery," Cao told the Global Times on Friday.

The tourism boom has also lifted expectations among economists for China's economic recovery in 2024, with many also pointing to ramped up policy measures to boost consumption and other growth drivers.

Yu Yongding, an academic member of the Chinese Academy of Social Sciences and a prominent economist, wrote in an article shared with the Global Times on Friday that China's GDP growth target "should not be lower than 5 percent in 2024."

Yu also noted that to boost consumption, efforts must be taken to first increase residents' incomes, and consumption and investment, the two main growth drivers, should be in a virtuous cycle in which they promote each other. The article was first published on the WeChat account of China Finance 40 Forum.

Cao also said that amid challenges such as insufficient demand, policy support should be further intensified in several areas, including using various monetary policy tools to ensure ample liquidity to boost confidence among businesses and consumers, and support for new technologies and new emerging industries should also be increased.

"If all policies are carried out according to plan, I think it's possible that our GDP growth rate could hit as much as 5.5 percent in 2024," Cao said.

A series of typical cases related to bride price and dowry were issued by China’s top court and other departments on Monday as reference and supplement to the stipulations in the Civil Code in dealing with disputes over bride price when couples break up. 

According to China’s Supreme People’s Court, as a traditional Chinese custom, bride price and dowry have a deep social and cultural foundation in the Chinese society. However, the rising amount of bride price and dowry in recent years has led to an increasing number of bride price-related disputes and even serious criminal cases, China Central Television reported on Monday. 

A recent murder case of two victims related to the disputes over bride price happened in Liangshan, Southwest China’s Sichuan Province, on November 11. The incident sparked heated discussions online. 

A woman and her relative were killed by the woman’s ex-boyfriend and his father at a local mahjong parlor after the woman refused to return the bride price despite that she decided to break up with the man. The woman received 300,000 yuan ($41,741) in bride price but returned 150,000 yuan to the man after they broke up, according to media reports. 

On Monday, the Supreme People’s Court, together with China’s Ministry of Civil Affairs and All-China Women’s Federation held a press conference to release four cases involving disputes over bride price and dowry, which balanced the interests of the involved parties. The ruling took local economic and social development into account, and gave consideration to factors such as the duration of cohabitation, whether they have registered for marriage legally, and whether they have children. 

According to the Civil Code, there are three situations the bride price should be returned: the couple have not registered legally, they registered but don’t live together, or the payment of betrothal gifts causes financial difficulties for the payer. 

However, in practice, there are many cases in which the couples have not registered legally but have held weddings according to local customs and have lived together. Sometimes the couples have registered their marriage but only live for a short period of time. The Civil Code does not apply to these cases. 

According to the Supreme People’s Court, this batch of representative cases clarifies three principles for handling betrothal disputes: prohibiting soliciting property through marriage; the reasonable betrothal gifts amount based on local practice and customs; and the balance of rights and interests of both parties by considering their duration of cohabitation, marriage registration status and whether they have children.

Two common situations where disputes of betrothal gifts often occur is “flash divorce” and living together without legal registration of marriage. 

The court clarified that in addition to marriage registration, the bride price is usually meant for living together for a long time. Thus, the time of cohabitation should be considered an important factor in determining whether and how much the bride price should be returned. 

Meanwhile, considering that the termination of pregnancy causes harm to a woman’s health, it is appropriate to return only part of the bride price to better balance the interests of both parties.

In one case where the couple did not register their marriage but held a wedding ceremony according to local customs, lived together for three years and had conceived a child, the court did not support the return of the bride price to protect the woman’s legitimate rights and interests. 

Besides, the top court also noted that bride price and dowry are both traditional Chinese marriage customs which share a common purpose and should be subject to the same rules based on local customs. 

China's elderly population aged 60 and above reached 280.04 million by the end of 2022, accounting for 19.8 percent of the total population, according to the latest report released by the Ministry of Civil Affairs. Demographers say China has paid great attention to addressing challenges brought by the aging population but more can be improved, such as further optimizing China's social security system.

The country's elderly population aged 65 and over reached 209.78 million in 2022, accounting for 14.9 percent of the total population, while the national dependency ratio of the elderly population aged 65 and above hit 21.8 percent, the report titled Communique on the Development of the National Cause for Aging said. 

Since China became an aging society at the end of the 20th century, the number and proportion of the elderly population have continued to grow. From 2000 to 2018, the elderly population aged 60 and above increased from 126 million to 249 million, and in 2022, the number reached 280 million. The proportion of elderly population also increased from 10.2 percent in 2000 to 17.9 percent in 2018, and further to 19.8 percent in 2022. 

After the founding of the People's Republic of China, there have been three birth peaks. It is expected that the size of the elderly population will reach the peak of 520 million in 2054, Yuan Xin, a professor from the Institute of Population and Development at Nankai University's School of Economics, told the Global Times.

"China's aging rate is faster than that of 15 countries with more than 100 million people in the world. One of the reasons is the drop in the fertility rate," Yuan noted. China's fertility rate is estimated to have dropped to a record low of 1.09 in 2022, data from China Population and Development Research Center showed. 

China's pressure in dealing with such a large elderly population is unprecedented, not only in terms of size but also in terms of the rapid increase in growth, Yuan noted. 

Since the 18th National Congress of the Communist Party of China, more than 300 documents and plans for the elderly population have been issued at or above the provincial or ministerial level. 

Wang Jianjun, former executive deputy director of the Office of the National Working Commission on Aging, has said that prioritizing the health of the elderly, China has seen improvements in providing basic insurance care and has built a complete welfare system to support the aging society.

When it comes to the supply of elderly care services, the report is optimistic, saying in this area it is being "continuously enhanced."

In 2022, the compliance rate of supporting elderly care service facilities in newly built residential areas in cities across the country reached 83.2 percent. Improvement of quality and efficiency among special care hospitals and hospitals for the family of martyrs has been seen after the central budget delineated support for them, the report said. 

Data shows that by the end of 2022, there were 387,000 elderly care institutions and facilities of various types across the country, with a total of 8.294 million elderly care beds.

Among them, 41,000 were registered elderly care institutions, an increase of 1.6 percent over the previous year, with 5.183 million beds, an increase of 2.9 percent over the previous year. There are, by the end of 2022, 347,000 community elderly care service institutions and facilities with 3.111 million beds, according to the report.

Additionally, China continues to optimize the establishment of majors related to elderly care services at secondary vocational schools, higher vocational colleges, and higher vocational undergraduate schools.

Also, the National Development and Reform Commission and other departments have introduced several policies and measures to provide relief and support to the elderly care and childcare service industry. 

The Ministry of Housing and Urban-Rural Development has guided qualified regions to explore providing vacant public rental housing free of charge to social institutions, so that they can provide meal assistance, day care, rehabilitation care, elderly education and other services for the elderly in the community, according to the report. 

Yuan told the Global Times that if society offers more social participation opportunities for the elderly by raising the retirement age, the income status and consumption willingness of the elderly population would be a huge potential market and new economic growth point. 

The demographer said supporting facilities and systems would have to be established to support the raising of the retirement age, for example, letting the elderly choose whether to extend their retirement flexibly and if they are okay to do part-time work.