Name: China's third-quarter GDP falls below 5% as hotel business suffers - Mistv News | Videos | Gan Jing World - Technology for Humanity | Video & Movie Streaming
Uploaded: 2025-10-20T17:32:02.669Z
Duration: 1 min 48 s
Description: [FTV News] FTV News Wu Ruowang Comprehensive Report: China's economic growth in the third quarter w... | Videos | Gan Jing World - Technology for Humanity | Video & Movie Streaming

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[FTV News] FTV News  Wu Ruowang Comprehensive Report: China's economic growth in the third quarter was 4.8%, lower than the 5% target set by China. One reason for not meeting the target is weak domestic consumption. Last year, the occupancy rate of high-end hotels was only 49.2%, which is a clear example. With difficult business, the CCP has strictly banned officials from extravagant consumption, further hitting the hotel industry. Some hotels have therefore started takeout services in parking lots, lowering prices to promote sales and make a little more profit. -- Watch the news: https://www.ftvnews.com.w/news/detail/2025A20I17M1?utm_source=youtube&utm_medium=description --Join MRT LINE: https://lin.ee/jvHY7X4   ✅ Subscribe to MRT Instagram: https://www.instagram.com/ftvnews