奇速英语

国庆黄金周4大“烧钱”消费

China's National Day holiday falls on Oct 1 and ends on Oct 7 every year. For Chinese, the holiday is not only to celebrate the foundation of People's Republic of China, but also a shopping opportunity.

According to a survey in 2012, some people who stay at home spend as little as 170 yuan ($27.7) while others spend as much as 180,000 yuan. Here's a look at four activities that account for majority of expenditure during the national holidays.

No 4 Gifting money

Gift money, also known as Hongbao in China, is presented on such occasions as marriage, having a baby and other joyous events. To take advantage of the long holiday and moderate climate, many couples usually choose to get married during the National Day break. A netizen said he spent 3,000 yuan on wedding gifts during the holiday in 2013.

No 3 Transportation charges

With the National Day holiday lasting seven days, many decide to visit friends or relatives living far away. Wherever you go, spending money on transportation is necessary, apart from those who decide to stay at home. The amount can range from one yuan for public buses to thousands of yuan for plane tickets.

No 2 Traveling expenditure

With the long break and pleasant weather, many people would like to travel during the golden week. However, the total expenditure can be hefty. Transportation cost, hotel expenses, tickets and other expenses can cost a lot.

No 1 Shopping

In order to attract more customers, retailers usually offer discounts during the national holidays. They not only put everyday items on sale, but nearly everything and anything that will help boost sales. One netizen said he spent more than 20,000 yuan on shopping during the national holidays.