2024 Spring Festival Boosts China's Economy with High Spending Surge 

The Spring Festival, also known as Chinese New Year, is all about family reunions for the people of the Chinese mainland. But this year, more and more are mixing tradition with fun by adding travel and movie-watching to their holiday plans.
The rise in consumer spending power, coupled with supportive government policies aimed at enhancing shopping, tourism, and cultural events during the eight-day Spring Festival, is set to keep China's economy growing strong in 2024. According to government officials and market analysts, these efforts are vital in sustaining domestic demand and fueling economic vitality.
Stay tuned to explore the details of China's booming consumption and the dynamic domestic market kicking off the year!
Reference(s):
2024 Spring Festival and China's revitalized consumption market
cgtn.com