Insight Report 10 minutes PremiumChinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid Policy Charlotte Rothschild, Analyst January 16, 2023 What's InsideDuring the Chinese New Year, the largest annual holiday in China, citizens celebrate by returning to their hometowns and exchanging gifts. On the back of the reversal China’s strict Zero-Covid policy, we analyze the prospects for retailers during Chinese New Year 2023. Data in this report include: Chinese New Year domestic tourism revenue for 2018 through 2022 Retail and food service sales in China during the Chinese New Year from 2011 through 2022 The number of passengers undertaking trips during Chinese New Year from 2018 through 2022 Companies mentioned in this report include: Bang & Olufen, Burberry, Dolce & Gabbana, L’Oreal and Maybelline Other relevant research: Chinese New Year 2022 Review: Increased Travel and Winter Olympics Boost Retail Sales—But Underlying Weak Trajectory Likely Unchanged The new Coresight Research Chinese Consumer Tracker series All Coresight Research coverage of the China market Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner: Can Technology Adoption Decelerate the Store Closure Trend? Three Recommendations from Manik BhatiaApparel and Footwear Shopping in Focus—Amazon and Walmart Lead; NIKE Ranks as Top Brand: US Consumer Survey InsightsData and Tech for Development—Tapping into the Consumer’s Head: Insights Presented at Retail Property Symposium 2025Chinese New Year 2025: New Trends—Domestic Travel and Subsidy-Boosted Spending
