Economic Watch: Summer spending boom showcases China's service consumption potential

BEIJING, Aug. 21 (Xinhua) -- The summer spending frenzy in China, marked by notable consumption growth in tourism, entertainment and sports, has demonstrated service consumption's expansion potential and its contribution to the overall economic development of the country.

This summer, China hosted around 37,000 cultural and tourism events spanning over 4,000 categories, catering to popular interests such as nigh