Consumption, tourism rebound during Spring Festival holiday

February 02 10:10 2023

China’s consumption and tourism sectors witnessed strong rebounds during the recently completed Spring Festival holiday, data from ministry and various service platforms showed.

About 308 million domestic trips were made in China during the seven-day Spring Festival holiday, an increase of 23.1 percent on a yearly basis, the Ministry of Culture and Tourism said on Friday.

Domestic tourism revenue totaled 375.8 billion yuan ($55.52 billion) during this period, up 30 percent year-on-year, Xinhua reported citing the ministry.

Daily consumption volume of life services in the first six days of the holiday increased 66 percent compared with the same period in 2019, according to statistics from life services platform Meituan on Jan 27. Consumption volumes from Beijing, Shanghai, Chengdu, Chongqing, and Guangzhou topped the nation, the data showed.

Statistics from box office tracker Maoyan showed that, as of 11 pm on Jan 27, the total box office of the 2023 Chinese film market during the Spring Festival has exceeded 6.75 billion yuan, ranking second in the Spring Festival box office in China’s film history.

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