China’s economy is showing signs of a robust recovery as consumption during the recent Spring Festival holiday surpassed pre-pandemic levels. Popular scenic spots were teeming with visitors, and theaters saw record attendance, indicating a resurgence in domestic spending.
A recent global poll conducted by CGTN and Renmin University in China through the New Era Institute of International Communication reveals that 93.1 percent of respondents commend China’s economic strength and potential. The survey reflects a widespread belief that China’s resilient economy will inject confidence and vitality into the slowly recovering global economy.
The Spring Festival holiday, a peak period for travel and consumption in China, served as a barometer for the nation’s economic health. The bustling activity in tourism and entertainment sectors underscores a strong consumer confidence and a willingness to spend, signaling positive momentum for the year ahead.
Experts suggest that China’s economic performance could have significant implications for international markets. As one of the world’s largest economies, China’s growth is anticipated to contribute positively to global economic stability and development.
Reference(s):
CGTN Poll: China's economy kicks off the year with a strong recovery
cgtn.com
