Reported about 10 hours ago
Travel and spending soared during China’s Lunar New Year holiday, with 501 million domestic trips made and tourism expenditure reaching 677 billion yuan ($93 billion), driven by a 22.9% increase in foreign visitors. The average daily spending per trip saw a slight uptick this year, although it remained lower than pre-pandemic levels. Notably, movie attendance also hit a record high, contributing to optimism in the economy, despite ongoing challenges and uncertainties.
Source: YAHOO