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The consumer market has many highlights and vitality during the Spring Festival holiday
2025-04-29 source:CCTV.com

CCTV News: The latest value-added tax invoice data released by the State Administration of Taxation shows that during the Spring Festival holiday, the average daily sales revenue of national consumption-related industries increased by 10.8% compared with last year's Spring Festival holiday, of which commodity consumption and service consumption increased by 9.9% and 12.3% year-on-year respectively. The holiday consumer market has many highlights and full of vitality.

In terms of classification, driven by the "old for new" policy, sales revenue of household appliances and audio-visual equipment increased by 166.4% year-on-year, of which household audio-visual equipment such as TVs increased by 226.8% year-on-year. Digital products such as mobile phones and smart watches were included in the scope of new purchase subsidies, and the sales revenue of communication equipment increased by 181.9% year-on-year.

At the same time, the tourism market is booming. Sales revenue of tourism-related services increased by 37.5% year-on-year. Among them, sales revenue of leisure and sightseeing activities, park and scenic spot services, and amusement park services increased by 81.9%, 59.5% and 14.1% year-on-year respectively. B&B service sales revenue increased by 12.6% year-on-year.

During the holiday, various places carried out cultural activities in various forms around themes such as ice and snow, performing arts, and folk customs, and sales revenue of cultural and artistic services increased by 66.3% year-on-year. Among them, the sales revenue of literary and artistic creation and performance services and art performance venues increased by 83.9% and 65.9% year-on-year respectively. Sales revenue of sports venue services and sports fitness services increased by 135% and 224.1% year-on-year respectively.

In addition, during the Spring Festival holiday, the food markets in various places were sufficient, and the sales revenue of grain, oil and food increased by 18.9% year-on-year, of which the retail sales of bread, pastries, meat, poultry, eggs, milk, and grain and oil increased by 29.9%, 16.9% and 14.7% year-on-year respectively; the sales revenue of department stores and convenience stores increased by 5.2% and 16.1% year-on-year respectively.

During the eight-day Spring Festival holiday, online and offline consumption is booming, "old trade-in" continues to heat up, and the movie box office has set a record. Let’s review the hot "New Year atmosphere" of the past eight days through a set of data.

According to statistics from the State Immigration Administration, the number of people entering and leaving the country during the Spring Festival holiday this year reached 14.366 million, an increase of 6.3% year-on-year. Among them, 7.671 million mainland residents entered and exited the country, an increase of 5% year-on-year; 5.737 million Hong Kong, Macao and Taiwan residents, an increase of 5.6% year-on-year; 958,000 foreigners, an increase of 22.9% year-on-year.

During this year's Spring Festival holiday, the service charge volume of the State Grid smart vehicle networking platform reached 180 million kilowatt-hours, and the average daily charge volume reached 22.58 million kilowatt-hours, a year-on-year increase of 25.26%. Among them, the charging volume of highways reached 57.27 million kilowatt-hours, and the average daily charging volume was 7.16 million kilowatt-hours, an increase of 29.48% year-on-year.

According to statistics from the online platform, the total box office (including pre-screening and pre-sales) of new films released in the 2025 Spring Festival exceeded 10 billion yuan, with 187 million viewers, and the box office and number of viewers set a record for the Spring Festival in Chinese film history. Among them, "Nezha: The Devil Child's Trouble" became the box office champion of the Spring Festival movie with a box office of over 5 billion yuan. At present, the cumulative box office of Chinese movies in 2025 has reached 11.634 billion yuan, surpassing North America's box office results and ranking first in the world.

The reporter learned from the State Post Bureau that during this year's Spring Festival holiday, the national postal and express delivery industry collected and delivered 1.927 billion express parcels. Demand for fresh food products, domestic trendy products, smart digital products, etc. continues to be released, driving the significant growth of the festival delivery business.

According to statistics from Haikou Customs, from January 28 to February 4, Haikou Customs supervised a total of 2.094 billion yuan in off-island duty-free shopping and 240,500 people with duty-free shopping.

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