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China concept Stock Briefing: Ctrip Group: "Eleven" travel quality and equal importance, travel orders increased by nearly 2 times

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Ctrip: "Eleven" tourism both quality, travel orders increased by nearly 2 times
According to Shanghai News, Ctrip released the "Mid-Autumn Festival and National Day Tourism Summary Report" shows that the "eleven" holiday, domestic travel orders increased by nearly 2 times year-on-year, compared with the "May Day" growth of 10%; Outbound tourism increased by more than eight times year-on-year. The report emphasizes that the quality of tourism development deserves more attention than the quantity of development. This year's "11", innovative tourism consumption scenes, rich supply of tourism products, with group Tours, private groups, self-driving Tours, rural Tours, red tourism, peripheral Tours and other flowering, outbound tourism, cultural and tourism integration projects have also increased significantly. Especially during the "Eleven" period, the newly introduced favorable policies make the high-quality development of the tourism industry more worthy of expectation.
Tesla again cuts the price of Model 3 and Model Y in the US market.
Tesla has again lowered the price of Model 3 and Model Y in the US market after reporting lower-than-expected global deliveries in the third quarter. According to Tesla's website, the Model 3 will be priced at $38,990 from $40,240, the long-life Model 3 will be priced at $45,990 from $47,240, and the high-performance version will be priced at $50,990 from $53,240. The Model Y high performance SUV will be priced at $52,490, down from $54,490. Tesla delivered 435,059 vehicles globally last quarter, about 20,000 fewer than expected. The company needs to deliver more than 475,000 vehicles in the quarter to reach its full-year goal of 1.8 million.
Cui Dongshu, Passenger Association: In August, China accounted for 65% of the world's new energy vehicles
Cui Dongshu, secretary-general of the China Passenger Federation, pointed out that in 2023, the trend of new energy vehicles in the world is stable, and the sales of new energy passenger vehicles from January to August are 8.23 million units. Affected by the high base and the gradual withdrawal of subsidy policies in various countries, the world's new energy passenger vehicles in 2023 have a strong trend, reaching 1.22 million units in August, an increase of 35% year-on-year. From January to August, China's new energy passenger vehicles accounted for 61% of the world's new energy, of which China's share of 65% in August was stronger. In 2023, China's new energy vehicle exports are strong and perform very well in Southeast Asia and European markets, which is also a strong industrial chain in China, forming a strong domestic market and double growth of exports.
Alipay report: The interaction volume of Asian Games mini programs was nearly 6 billion, and the consumption around venues tripled
According to the "Asian Games Economy" report released by Alipay platform on October 6, the popularity of the Asian Games continued to rise during the National Day, and the interaction volume of the "Smart Asian Games GovHK" Alipay mini program accumulated nearly 6 billion, and more than 200 million people watched the Asian Games on Alipay Life. The tourism heat of the six cities of the Asian Games has increased, and the daily consumption of scenic spots alone has increased by 270% compared with last year, and the number of daily payments made by inbound tourists using Alipay has increased by nearly 70% compared with August.
Ministry of Culture and Tourism: Domestic tourism income in the Mid Autumn Festival and National Day holidays in 2023 will increase by 1.5% compared with 2019
According to the Ministry of Culture and Tourism, in the Mid-Autumn Festival and National Day holidays in 2023, the cultural and tourism industries will recover strongly, and the national holiday market will be stable and orderly. According to the data center of the Ministry of Culture and Tourism, the number of domestic tourists during the eight-day Mid-Autumn Festival and National Day holidays was 826 million, an increase of 71.3% compared with the same period last year, and an increase of 4.1% compared with 2019. Domestic tourism revenue reached 753.43 billion yuan, an increase of 129.5% on a comparable basis and 1.5% on a comparable basis compared with 2019.
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