China’s Lunar New Year spending surges beyond pre-pandemic level

SHANGHAI — Travel and spending during the Lunar New Year holiday in China surpassed pre-pandemic levels seen in 2019 despite concerns about slowing economic growth.

Total domestic trips for the eight days that began in February. 10 rose 34.3% to 474 million, while tourism receipts rose 47.3% to 632.6 million yuan ($89 million) according to data released on Sunday by the Ministry of Culture and Tourism . It is 19% more in terms of trips and 7.7% more in terms of tourist spending than the equivalent period in 2019.

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