Today's data selection: Young people are planning the Dragon Boat Festival with three days off and eight days off; India's labor participation rate is only 51%, far lower than China's India | participation rate | young people
India's population surpasses China, no need to worry. Experts say that India's labor force participation rate is only 51%, far lower than China's
On June 16th, Zhai Zhenwu, President of the Chinese Population Society, compared the population status of India and China, currently the world's largest and second most populous countries. He proposed that due to the significantly lower labor force participation rate of the working age population in India compared to China, the labor force size will not exceed China in the first half of the 21st century, and China can continue to maintain its position as the world's largest labor force country with a higher labor force participation rate.
Zhai Zhenwu stated that although India's total population exceeds that of China, its impact on economic development is not as significant in reality. The labor participation rate in India is very low, and a large population of working age does not necessarily mean a large labor force. In 2021, the working age population of China and India were 986 million and 950 million respectively, with a difference of only 36.22 million. But at that time, the labor force in China and India were 748 million and 488 million respectively, with a difference of 260 million. It can be concluded that the labor participation rates of China and India are 75.82% and 51.34%, respectively, with a difference of 24 percentage points.
Young people are planning a Northwest and Southwest Ring Road tour during the Dragon Boat Festival, with three days off and eight belts of fire
The heat of this year's Dragon Boat Festival holiday is not decreasing. Recently, reports from multiple platforms have shown that although the prices of air tickets and hotels during the Dragon Boat Festival have fallen compared to the May Day holiday, the prices of homestays have increased instead of decreasing. At the same time, although the Dragon Boat Festival holiday only has three days off, young people who "take three days off and eight days off" have become popular on the Northwest and Southwest Ring Road tours. According to data from Meituan and Dianping, as of June 14th, the travel booking volume for the three-day Dragon Boat Festival holiday increased by nearly 600% year-on-year. In the past week, searches related to "Circle Tour" have increased by 650% year-on-year. Among them, the search popularity of Ganqing Circle, Chuanxi Circle, Xinjiang, and Yunnan has doubled compared to the previous week, becoming a hot topic.
Popular areas for northwest and southwest circular tourism, such as Ili, Ganzi, Jiayuguan, Xining, and Lijiang, will also experience peak passenger flow. As of June 14th, the tourism booking volume for the eight days from June 17th to 24th in the above-mentioned areas increased by 818%, 565%, 207%, 187%, and 102% respectively compared to the same period last month.
Sanya's housing prices are rising against the trend. Industry insiders say it cannot be ruled out that funds withdrawn from first tier cities are gradually entering
Is the real estate market in Sanya hot again? Since January this year, the sales price index of new and second-hand houses in Sanya has achieved five consecutive month on month increases, and the month on month increase has expanded. On June 15th, the National Bureau of Statistics released the changes in the sales prices of commercial housing in 70 large and medium-sized cities as of May 2023. Sanya has emerged as an independent market, with new housing prices rising by 0.6% month on month and 1.7% year-on-year; Second hand housing prices increased by 0.4% month on month and 0.1% year-on-year.
Hainan real estate researcher Luo Hao told reporters that the main reasons for the rise in housing prices in Sanya against the trend are as follows: firstly, the expectation of property appreciation in Sanya after the closure of Hainan Free Trade Port has led to relatively strong demand from homebuyers; Secondly, Sanya has introduced new talent introduction policies, and newly settled talents have also been transformed into new increases in housing purchases; Thirdly, the housing prices in Sanya have exceeded those in most second tier cities and are still steadily rising. It is not ruled out that some investors who withdraw funds from first tier cities will gradually enter the Sanya market.
25 to 49 years old is the core customer group for alcohol consumption, and the number of female alcohol consumers is approaching that of men
From 2019 to 2021, the unit price, number of consumers, per capita purchase number and frequency of Baijiu, wine and other categories showed an upward trend, and the compound growth rate of taobao Tmall's liquor market reached 31%. In the first quarter of 2023, the sales of Taobao Baijiu increased by more than 50% year on year. The year-on-year growth of online sales actually reflects the trend of decreasing the volume and increasing the price of Baijiu industry. The report points out that income growth is mainly driven by the increase of ton price, and price upgrading has become the core factor to promote industry growth. In 2019, high-end and secondary high-end Baijiu consumption accounted for 25%, and is expected to reach 44% in 2024.
The low alcohol liquor market, mainly dominated by female consumers, is growing rapidly. The report shows that the number of women consuming alcoholic beverages is approaching that of men, and the amount consumed by men is about 1.8 times that of women. Women prefer small bottles of low alcohol alcohol alcohol and pay more attention to the feeling of slight drunkenness in daily gatherings with friends. Men tend to prefer high alcohol with a rich taste for gatherings and business. Through statistical data on different ages and populations, it can be seen that the proportion and consumption amount of middle-aged, emerging middle-aged, and experienced white-collar workers in small towns have an absolute advantage. The core customer group in the beverage market is aged 25-49.
Zibo Racing for 90 Days: Barbecue Cooling Flow Decline, Small Cake Factory Profit Drops from Million to Less than 100000
Since March, traffic and popularity have suddenly flooded into Zibo, making the combination of "oven+pancake+dipping sauce" popular throughout the country. The trending topics related to Zibo and Zibo barbecue are fancy and dominate the list. According to Time Finance statistics, Zibo had 16 hot searches in April alone, with a total reading volume of over 1 billion. From the crowded queues, to the government's quick response, to the Zibo tourism strategy, it seems that anyone who is related to Zibo can become popular.
But some pancake manufacturers told reporters that by mid May, they gradually felt a decrease in demand for pancakes. They sold two of their old production lines and changed the start time to half a day in the morning. On the supply list, the number of over 300 barbecue restaurants has also decreased to 150. The profit surged to 1 million in April and May, which is higher than the previous year. However, it experienced a sharp decline in June, and the profit in June may be less than 100000.