Despite the pandemic, Chinese consumers enjoyed a shopping and dining spree during this year’s Lunar New Year celebrations.
Sales increased to US$127 billion (821 billion yuan), a rise of almost 30% from 2020, but still below the 2019 record of $154 trillion (1 trillion yuan), government data showed.
With prevalent travel restrictions, many people spent more at retail stores, online outlets and restaurants.
China has continued to battle Covid-19 outbreaks in several provinces this year. As a result, the annual Lunar New Year mass migration home was severely disrupted after health authorities advised people from high-risk and medium-risk areas to avoid unnecessary travel and large gatherin
Feb 19, 2021