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China marks Spring Festival celebrations

January 27, 2023 

The 2023 Spring Festival Gala, an annual televised holiday extravaganza, showcased China's rich, colorful traditional culture through a number of creative performances on Chinese New Year's Eve.

Confused about what to buy during Spring Festival? Here's a video for you. 

· China has measured about 308 million domestic tourist visits during the seven-day Spring Festival holiday, up 23.1 percent year on year, recovered to 88.6 percent for the same period in 2019, according to the Ministry of Culture and Tourism on Friday

· The 2023 Spring Festival Gala, also known as Chunwan in Chinese, which was held last Saturday, has set a new viewership record with more than 16.216 billion people reached home and abroad

· Nasdaq, a major stock exchange in the world, celebrated the Chinese Lunar New Year on Wednesday morning by holding an in-person opening bell ceremony in partnership with the Chinese Consulate General in New York

· Read what world leaders' greetings are for Chinese New Year

· "The Philippines is open and ready to welcome our friends from China," said Philippine Tourism Secretary Christina Frasco while receiving hundreds of Chinese tourists who arrived in Manila on Tuesday afternoon

· Drones light up sky in China's cities to celebrate Spring Festival

· Chinese Foreign Minister Qin Gang has sent a video message to a U.S. National Basketball Association (NBA) game to celebrate the Chinese New Year


What will the Year of the Rabbit bring for China’s economy? 

China's economy grew 3 percent to a record high of 121 trillion yuan (about $17.8 trillion) in 2022, according to data released by the National Bureau of Statistics (NBS) on January 17.

· According to IMF predictions, China will account for 30% of total global growth in 2023. The IMF forecasts the global economy to grow 2.7% in 2023

· According to the UN World Economic Situation and Prospects 2023 report launched on Wednesday, China's economic growth will accelerate to 4.8 percent this year, compared with a 1.9 percent growth of the world output growth

(Sources: China Report)

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