During the just-concluded May Day holiday, global tourist destinations attracted Chinese holidaymakers in their droves, displaying the increasing power of China's consumption engine.
China's economy is poised for a steady rebound throughout this year, underpinned by consumption-led recovery, a robust foundation laid in the first quarter and the gradual stabilization of the property sector, experts said.
China's foreign exchange reserves fell to 3.2 trillion U.S. dollars at the end of April, down 1.38 percent from the end of March, the State Administration of Foreign Exchange said on Tuesday.
