This Lunar New Year, China’s Spring Festival isn’t just about family reunions—it’s become a vibrant showcase of booming consumer spending! From packed tourist hotspots to sold-out cinemas, millions are blending tradition with modern-day thrills. 🎥🛍️
Government policies turbocharging holiday shopping and cultural events—like tax breaks and travel subsidies—are fueling what analysts call a \"golden start\" to 2024’s economy. With an 8-day holiday, families are splurging on everything from luxury getaways to blockbuster movie marathons. 🌆✨
Experts say this spending surge proves China’s domestic demand is alive and kicking, offering a major boost for global markets eyeing Asia’s growth. Want the inside scoop? Dive into our breakdown of how red envelopes and retail therapy are rewriting economic forecasts! 📈🧧
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2024 Spring Festival and China's revitalized consumption market
cgtn.com