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Home News China

China new year travel spending beat pre-COVID levels

NEWSROOM by NEWSROOM
February 19, 2024
in China
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STORY: The massive crowds in Shanghai Railway Station ahead of this year’s Spring Festival holiday speak to what Chinese officials said on Sunday ended UP being a surge in travel spending over the Lunar New Year to levels even higher than before COVID.

It’s likely a welcome sign for Beijing as the Chinese economy loses steam.

The holiday is the busiest yearly travel migration in the world and by the end of the eight-day span on Saturday, 474 million tourist trips were made, up 34% from the same time a year ago.

Millions of migrants have since returned to major cities like Shanghai or…



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