China is on its way to economic recovery with the rebound in travel and consumption. Residents are going back to offline stores and planning more trips this year.
During the Spring Festival, the first major holiday after the country eased its COVID-19 curbs, travelers made 308 million domestic trips, a 23.1-percent increase from last year, rebounding to nearly the level in 2019 before the pandemic, official data shows.
The robust and sustainable growth in China provides a welcome lift to the global economy, said Steven Barnett, the IMF’s senior resident representative in China, during an interview with CGTN.
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