This year's Spring Festival celebrations ignited a nationwide spending boom, blending ancient traditions with futuristic tech trends. With Lunar New Year falling on February 26, 2026, families across the Chinese mainland embraced both cultural heritage and modern entertainment options.
Red Envelopes Meet VR Fireworks
Digital payment platforms reported a 40% increase in virtual red envelope transactions compared to 2025, while augmented reality fireworks displays attracted over 300 million viewers. Tech-savvy youth dominated bookings for AI-powered temple fair experiences in major cities.
Travel Industry Hits New Highs
Domestic tourism revenue surpassed 500 billion yuan during the holiday period, with ice festivals in Harbin and tropical getaways in Hainan drawing record crowds. International visitors from Southeast Asia and Europe increased by 25% compared to pre-pandemic levels.
Cinema Box Office Breakthrough
Three major Lunar New Year films grossed over 3 billion yuan collectively, featuring groundbreaking holographic projection technology in select theaters. Streaming platforms simultaneously released interactive special editions, creating new revenue models.
Economic analysts predict this consumption surge will boost Q1 GDP growth by 0.8 percentage points, signaling strong consumer confidence as China enters the Year of the Horse. 🐎
Reference(s):
cgtn.com








