Bangladesh, Feb. 26 -- China recently released staggering figures for domestic travel and spending during the Chinese Lunar New Year holidays, signaling a robust recovery in consumption and bolstering the nations economic outlook for 2024. The data revealed record-high levels of both domestic travel and spending, surpassing pre-pandemic levels and underlining the resilience and potential of Chinas consumption market.

During the eight-day Lunar New Year holidays, which concluded recently, China witnessed an extraordinary surge in domestic travel, with 474 million trips recorded, marking a substantial 34.3 percent increase compared to the previous year. Furthermore, total domestic tourism spending skyrocketed by 47.3 percent year-on-year t...