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China sees rise in Chinese New Year travel, but per capita spending remains flat

South China Morning PostEN 1 min read 100% complete by Ralph JenningsFebruary 26, 2026 at 07:08 AM
China sees rise in Chinese New Year travel, but per capita spending remains flat
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China saw a 95 million increase in domestic trips during the recent Chinese New Year break, with a total of 596 million trips logged over the extended holiday period. This represents a year-on-year increase of 19% compared to the same period in 2022. Cross-border trips also rose, with 17.8 million trips recorded. The extended nine-day holiday period contributed to the higher number of travelers. According to Morgan Stanley, average daily numbers of inbound and outbound travelers increased by 10.1% year on year, while retail and catering sales for key enterprises saw a 5.7% increase. Goldman Sachs noted that growth momentum in China's hospitality sector strengthened over the break compared to previous long holidays.

Key Entities & Roles

Key Player Opposition Context
New York 30% Xinhua 40% Morgan Stanley 60% Goldman Sachs 60% Chinese New Year ×280% China ×490%

Keywords

chinese new year 100% travel 90% spending 80% domestic trips 70% cross-border trips 60% retail sales 50% hospitality sector 50% economic growth 40%

Sentiment Analysis

Positive
Score: 0.20

Source Transparency

Source
South China Morning Post
Classification Confidence
90%
Geographic Perspective
China

This article was automatically classified using rule-based analysis.

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chinese new yeartravelspendingdomestic tripscross-border tripsretail saleshospitality sectoreconomic growth
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