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Spring Festival Gala boosts holiday economy in sub-venue cities

China

China

China

Spring Festival Gala boosts holiday economy in sub-venue cities

2026-02-24 16:39 Last Updated At:21:57

The 2026 CMG Spring Festival Gala has brought surging foot-traffic and revenue to its sub-venues during the nine-day Chinese New Year holiday, which concluded on Monday.

Since its first broadcast in 1983, the gala has been recognized as the most-watched annual television program on the planet, celebrating the most important holiday for the Chinese people.

The 2026 Gala had four sub-venues alongside its main venue in Beijing: Harbin City in northeast China's Heilongjiang Province, Yiwu City in east China's Zhejiang Province, Hefei City in east China's Anhui Province, and Yibin City in southwest China's Sichuan Province.

In recent years, such sub-venues have become an important window to showcase the images, cultural features and local customs of various cities, boosting tourism in these destinations by leveraging the broadcast's popularity.

In Yibin, the Gala has turned local landmarks into viral travel destinations. Hejiangmen Square and Yangtze River Park, featured prominently in the broadcast, have quickly become must-visit spots for holiday travelers.

"We saw the performance in the Yibin sub-venue on the Spring Festival Gala, so today I brought our family here to watch the drone show on site. It's absolutely spectacular," said tourist Zhang Jing.

The surge in visitors delivered record-breaking results for the city. During the holiday period, Yibin received over 9.5 million tourists, generating 6.2 billion yuan (about 900 million U.S. dollars) in tourism consumption, both hitting historic highs, according to the city's tourism bureau. Multiple scenic areas also saw single-day visitor numbers breaking previous records.

In Hefei, the sprawling Luogang Park, which staged performances for the gala, also held a grand carnival combining musical performances, cuisine and garden attractions.

During the holiday period, the park's foot traffic exceeded one million visitors, driving surrounding restaurant revenues up 20 to 50 percent year on year, while hotel bookings in the area doubled compared to the previous year. According to restaurants in the area, the number of diners has also swelled.

"We start work at 09:00 in the morning and don't leave until 22:30 at night. There's no time to rest at noon -- we're basically constantly preparing food, and our procurement also increased," said Liu Nana, manager of a restaurant at Luogang Park.

Spring Festival Gala boosts holiday economy in sub-venue cities

Spring Festival Gala boosts holiday economy in sub-venue cities

The U.S. Customs and Border Protection (CBP) will halt collection of additional duties pursuant to the International Emergency Economic Powers Act (IEEPA) starting Tuesday, following a ruling by the U.S. Supreme Court on Feb 20.

The latest guidance involves additional ad valorem duties covered by seven executive orders signed from Feb 1, 2025 to Aug. 6, 2025, according to a bulletin issued by the U.S. CBP on Feb 22.

The U.S. Supreme Court ruled on Feb 20 that U.S. President Donald Trump's sweeping tariffs under IEEPA meant for use in national emergencies were illegal, officially striking down the global tariffs introduced since April.

In light of recent events, the additional ad valorem duties imposed pursuant to IEEPA shall no longer be in effect and, as soon as practicable, shall no longer be collected, the executive order said.

Trump authorized all executive departments and agencies to immediately take appropriate steps to terminate the collection of the additional ad valorem duties imposed under the IEEPA.

CBP has collected as much as 175 billion U.S. dollars in duties pursuant to the IEEPA, according to an estimate by Penn-Wharton Budget Model.

Meanwhile, the Trump administration is scheduled to impose an additional 15 percent tariff on imported goods from all countries starting Tuesday, according to a White House proclamation and one of Trump's social media posts on Saturday.

Section 122 of the Trade Act of 1974 allows the president to impose duties of up to 15 percent for up to 150 days on any and all countries to address "large and serious" balance of payments issues. After 150 days, Congress would need to approve their extension.

US to stop collecting duties following Supreme Court ruling

US to stop collecting duties following Supreme Court ruling

US to stop collecting duties following Supreme Court ruling

US to stop collecting duties following Supreme Court ruling

US to stop collecting duties following Supreme Court ruling

US to stop collecting duties following Supreme Court ruling

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