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Spring Festival consumption booms

China

China

China

Spring Festival consumption booms

2026-02-22 16:19 Last Updated At:20:07

The Spring Festival, or the Chinese New Year, has boosted consumption as people travel around the country for family reunions or sightseeing tours and go shopping during the nine-day holiday from February 15 to 23.

In southern China's Hainan Province, tourists gather to enjoy animal shows, folk performances and firework displays among other festivities.

In Macao Special Administrative Region, rising tourist flows during the festival have fueled businesses of hotels, catering outlets and specialty retails.

"During the Spring Festival this year, the Macao SAR government has sponsored many different mega events, attracting a lot of tourists to Macao. This has also boosted the sales in our mall. Compared with other years, our sales and customer flow have seen a 40 percent increase," said Zheng Wenhui, a marketing manager of a shopping mall in Macao.

In Sichuan, Jiangsu and Anhui, consumer goods trade-in program and subsidy policies have continued to stimulate consumption demand, with many people queuing to buy home appliances, digital and smart products and automobiles.

"I just looked into these smart glasses and found that they can make phone calls and shoot videos, which I think is quite convenient. I can use them to record landscape or make vlogs," said Miss Zhao, a tourist in Jiangsu.

In southern China's Guangdong Province, cross-border travel during the festival has fueled the growth of duty-free goods market.

From the Chinese New Year's Eve on February 16 to the fourth day of the Year of the Horse, sales of duty-free goods at Guangzhou ports reached 18.17 million yuan, according to data from Guangzhou Customs.

Spring Festival consumption booms

Spring Festival consumption booms

The China-Laos railway freight volume has soared during the travel rush of the Spring Festival.

Since February 2, the beginning of this year's Spring Festival travel rush, the import and export value of goods via the China-Laos Railway has reached 1.48 billion yuan, marking a year-on-year increase of nearly 90 percent.

The freight volume had exceeded 320,000 tons as of Sunday.

Durians and bananas from Southeast Asia are the main imported agricultural products, which can be transported to the Chinese market within 26 hours.

From February 2 to Sunday, the freight volume of ASEAN fruits imported via the railway increased by 17.63 percent year-on-year.

The Spring Festival travel period will run till March 13 this year.

As a flagship project within the framework of the China-proposed Belt and Road Initiative, the 1,035-km railway links Kunming in southwest China's Yunnan Province with the Laotian capital of Vientiane. It was put into operation in December 2021.

China-Laos Railway freight volume soars during Spring Festival travel rush

China-Laos Railway freight volume soars during Spring Festival travel rush

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