November 22, 2024

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China's Lunar New Year holiday travel spending exceeds pre-Covid levels

China's Lunar New Year holiday travel spending exceeds pre-Covid levels

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, February 11, 2024.

Raul Arellano | Bloomberg | Getty Images

Travel and spending activity in China jumped above pre-pandemic levels during the Lunar New Year holiday, a sign of improving consumption in the world's second-largest economy.

About 474 million domestic trips were made during the eight-day festival, an increase of 34.3% over the previous year, according to the British newspaper “Daily Mail”. To the data issued by The country Ministry of Culture and Tourism on Sunday.