China on Sunday reported record-high figures for domestic travel and spending during the just-concluded Chinese Lunar New Year holidays, with both figures also largely exceeding those of the same period in 2019 before the outbreak of the COVID-19 pandemic, further indicating that recovery in consumption is picking up pace.
China witnessed explosive growth in outbound tourism during this year s Spring Festival holidays (February 10-17), notably surpassing the figures for 2019. The surge in outbound travel from China hit back at hype by Western media outlets that attributed the global tourism slump to a decline in Chinese travelers.
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China is gearing up for the approaching Spring Festival holidays with an emphasis on ensuring abundant supply and boosting consumption. The Ministry of Commerce (MOFCOM) on Tuesday announced an ample supply of essentials and a series of measures to encourage holiday spending.