The Spring Festival is traditionally the time hundreds of millions of people return to their hometowns by air, train or road to reunite with family members. - Reuters
BEIJING: Tourism revenues in China during the Lunar New Year holidays that ended on Saturday (Feb 17) surged by 47.3% year-on-year 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 remains uncertain.
