![China’s travel spending during Lunar New Year holidays surged 2 - China Tourism China tourism revenue during Lunar New Year holidays surged](https://go.traveltrade.today/wp-content/uploads/2024/02/2024-02-18T155738Z_2_LYNXNPEK1H02A_RTROPTP_4_CHINA-ECONOMY-CONSUMPTION-620x413.jpg)
Travelers walk with their luggage outside the Beijing railway station during the Spring Festival travel rush following the eight-day Lunar New Year holiday, in Beijing, China Feb 18, 2024. REUTERS/Florence Lo
BEIJING -Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3 percent year-on-year and surpassed 2019 levels, thanks to a domestic travel boom amid a longer-than-usual break, official data showed on Sunday.
The data may offer temporary relief to policymakers as the world’s second-largest economy has been facing deflationary risks amid weak consumer demand, but the sustainability of the tourism boost is uncertain and the tourism revenue per trip remained below the pre-pandemic level.
During the holiday, known as the world’s largest annual migration, tourist attractions across the country witnessed massive crowds.
Domestic tourism spending jumped by 47.3 percent to 632.7 billion yuan ($87.96 billion) from the same…