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Travels and expenses during China’s lunar year holidays target new records this year, which gives the government a encouraging promotion as it tries to promote the sick economy.
According to the eight -day trip season, a total of 501 million visits were made inside China, which began on January 28. Data released Through the Ministry of Culture and Tourism on Wednesday. It represented a 5.9 % increase over the same period last year. Tourism costs increased by 7 % over the previous year, which reached 677 billion yuan ($ 93 billion).
According to a CNN calculation based on official data, the average per trip per trip was 168.9 yuan (23.2), a slight increase from 166.8 yuan (.9 22.9) of the previous year. However, this figure was about 5 % less than the infectious level of 176.9 yuan (.3 24.3) listed in 2019.
For cross -border travel, an average of 1.795 million daily travel was made in China and outside. Data The national immigration administration was released on Wednesday. That number was slightly higher than an average of 1.79 million visits daily in 2019 daily. This year, foreign visitors increased massively, with their number increased by 22.9 % compared to 2024.
China has begun visa -free access to dozens of countries in the past one year to promote tourism and drive consumption.
Chinese Foreign Ministry spokesman Lin Jian said, “We are happy to see that since China puts more and more countries on a visa free list and completely rests and improves the visa -free transit policy, Chinese New Year There is a famous festival around the world. ” A Regular press briefing Wednesday
He added that the number of foreign tourists coming to China during the holiday increased by 150 % compared to 2024, citing third party data. He did not explain the source of information.
After disappointing 2024, the Chinese returned to the film theaters during the holiday maker.
“With the impact and policy of the holiday, the effects of the holidays, the city analysts said in a research note on Wednesday, in areas such as boundaries, film, household devices and electronics.”
According to a record -breaking 187 million people went to the cinema on holiday, which raised the box office to a height of 9.5 billion yuan ($ 1.32 billion). Data released By China Film Administration. Being at the top of the chart was the dynamic film “Niza 2”, which had the result of a 2019 hit that featured folk deity. According to, “Niza 2” has become the top earning film in China. State Broadcaster CCTV.
From employment insecurity in the younger generation to the rapid misery in the property sector, the world’s second largest economy faces many challenges, once the foundation stone of the country’s economic growth.
Chinese leader Xi Jinping has made “actively increasing domestic consumption” as a top priority, as consumers and business sentiment is suppressing.
Although the expenses of the lunar New Year holidays increase confidence in government officials as they strive to change the economy, it is unclear whether this pace can continue.
HSBC consumer analysts wrote in a research note on Thursday, “We should not read too much in the positive data of the holiday, as it can only be released after the weakening of 2024.”
A portion of the box office revenue increases can be attributed to government consumption policies, which aims to mobilize costs. In December, the China Film Administration launched a public subsidy campaign, while local governments like Beijing and Guangdong distributed cinema vouchers before the holiday.
To increase costs on consumer goods, the Ministry of Finance announced in January to allocate 81 billion yuan ($ 11.1 billion) for commercial programs for cars and home appliances, including rice cookers and washing machines.
At the international stage, China is also under great pressure, especially this week by imposing a 10 % tariff on all imports from the Trump administration’s country.
Beijing has fought against prices, and on Tuesday announced an extensive package of economic measures targeting the United States, which will be implemented next week. These include 15 % tax on some types of coal and liquid natural gas, and 10 % tariffs on crude oil, agricultural machinery, large migrant cars and pickup trucks.
At a meeting of the State Council on Wednesday, Chinese Prime Minister Li Qiang responded to external challenges and emphasized the need to maintain confidence and integrate efforts to tackle domestic economic problems. Official media.
