thailandedition
China anticipates a robust Chinese New Year, boosted by an extended 9-day holiday.

China anticipates a robust Chinese New Year, boosted by an extended 9-day holiday.

Prachachat•International•14h ago

Reader Briefing

China predicts a booming Chinese New Year driven by an extended 9-day holiday and the 40-day Chunyun travel period, expecting record travel and economic stimulation.

  • •China's government anticipates a particularly vibrant Chinese New Year, supported by a 9-day official holiday and the 40-day Chunyun travel period.
  • •The Chunyun travel period, starting February 2, 2026, is projected to see 9.5 billion passenger trips, an increase from 9 billion in 2024.
  • •The extended holiday, from February 15-23, aims to encourage consumer spending, particularly with the issuance of over 360 million yuan in consumer vouchers.

Overview

  • •The Chunyun travel period in China begins on February 2, 2026.
  • •The Chunyun travel period is expected to facilitate 9.5 billion passenger journeys, exceeding the 9 billion trips recorded in 2024.
  • •The official Chinese New Year holiday in China lasts for 9 days, from February 15 to February 23.
  • •The extended 9-day holiday is intended to give people more time to spend their "red envelope" money, thus boosting consumption.
  • •George Magnus states that the Chinese New Year festival provides a massive economic boost for retailers and service providers.
  • •A recent article by the Jiangsu Provincial Information Office highlights the government's optimism, noting the festival leads domestic demand stimulation.
  • •The Chinese central government plans to issue over 360 million yuan in consumer vouchers during February.
  • •International travel to destinations like Thailand and Australia is predicted to increase due to the extended holiday, with Russia emerging as a new popular destination after visa-free entry was granted in December 2025.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Quotes

George Magnus
"The Chinese New Year festival will significantly boost the economy for retailers and service providers, who might otherwise have a rather dull February."
เทศกาลตรุษจีนจะช่วยกระตุ้นเศรษฐกิจอย่างมหาศาลสำหรับผู้ค้าปลีกและผู้ให้บริการ ซึ่งพวกเขาอาจจะมีเดือนกุมภาพันธ์ที่ค่อนข้างน่าเบื่อ หากไม่มีเทศกาลนี้

Key Entities

Place

China(จีน)ℹ️
The country expected to experience a lively Chinese New Year and economic boost.
Jiangsu Province(มณฑลเจียงซู)ℹ️
Province in China, whose Information Office published an article about the Chinese New Year.
Thailand(ไทย)ℹ️
An international tourist destination that is seeing increased popularity among Chinese travelers.
Australia(ออสเตรเลีย)ℹ️
An international tourist destination projected to see increased popularity from Chinese travelers.
Russia(รัสเซีย)ℹ️
A new popular international destination for Chinese tourists following the implementation of visa-free travel in December 2025.
Japan(ญี่ปุ่น)ℹ️
A formerly popular international destination for Chinese tourists, which has seen a significant decline.

Organization

The Guardian(เดอะ การ์เดี้ยน)ℹ️
Media outlet that reported on the Chunyun festival and China's travel forecasts.
University of Oxford China Centre(ศูนย์จีน มหาวิทยาลัยออกซ์ฟอร์ด)ℹ️
Institution where George Magnus works as a researcher.
Jiangsu Provincial Information Office(กรมประชาสัมพันธ์ของมณฑลเจียงซู)
Government body that published an article highlighting optimism for the festival and domestic demand.
Reuters(รอยเตอร์)ℹ️
News agency that reported on rail and air travel figures during the Chunyun festival.

Person

George Magnus(จอร์จ แม็กนัส)ℹ️
Researcher from the University of Oxford's China Centre who commented on the economic impact of Chinese New Year.