Chinese Economy Gets Boost from Spring Festival Holiday...
China News
February 20, 2024
During the Spring Festival holiday, China's economy received a significant boost, driven by increased online purchases, tourism bookings, and entertainment spending. Online transactions surged, with billions of transactions processed daily by NetsUnion and UnionPay. Tourism also flourished, with a notable increase in bookings to scenic spots and millions of inbound and outbound passenger trips reported.