China's Post-Gaokao Teens Splurge on Vacation and Electronics
This summer, recent high school graduates in China, all 18 years old and fresh from the national college entrance exam, referred to as the Gaokao, are investing tens of thousands of yuan in various activities. They are indulging in vacations, purchasing electronics, and exploring new hobbies prior to embarking on their university journey.
Key facts
- The teens are 18 years old.
- They have just completed the Gaokao.
- The Gaokao is China's college entrance exam.
- Spending occurs this summer.
- Amounts reach tens of thousands of yuan.
- Spending categories include vacations, electronics, and new hobbies.
- The spending happens before the teens start university.
- The article describes the spending as 'spending big'.
Entities
Locations
- China