How is China’s 2025 Spring Festival economy shaping future growth？

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  This is World Today.

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  China's domestic consumption has expanded at a robust pace,

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  setting several records during the just concluded Spring Festival holiday.

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  What do these trends indicate about the country's economy in 2025?

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  Welcome to road Today, the panel discussion with Michael Anna in Beijing.

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  As China celebrated the arrival of the Year of the Snake,

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  the festive atmosphere was reflected in a surge in travel and consumer spending.

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  During the holiday, more than 2.3 billion passenger trips were made,

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  with consumer spending hitting a record of 680 billion yuan, or about US$95 billion.

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  The box office also set a new milestone

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  with the total sales reaching a historic high of 1.4 billion US dol.

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  The cumulative China's box office

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  since the beginning of this year has surpassed North America to rank first in the world.

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  The animated film Ne Zha Tu also became the highest grossing film in Chinese history.

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  Cultural tourism flourished with a 174% increase in searches for tangible heritage experiences,

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  while both inbound and outbound tourism grew significantly.

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  Foreign visits to China rose by 23% and cross border travel increased by 6.3%.

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  So as we look at these impressive trends,

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