Insight Report 8 minutes PremiumChinese New Year 2023 Review: Early Signs of Consumption Recovery Appear Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research February 13, 2023 What's InsideIn this report, we review retail performance during the 2023 Chinese New Year holiday, also known as Lunar New Year, which lasted from January 22 to January 29. Data in this report include: Chinese New Year domestic tourism revenue for 2018 through 2023 Total retail sales in China during Chinese New Year, 2011 through 2023 Total number of tourist trips taken during Chinese New Year 2023 Average daily sales during Chinese New Year 2023 in the province of Hainan Categories and sectors which saw the highest year-over-year sales increases during this year’s Lunar New Year holiday, per Alibaba and JD.com Companies mentioned in this report are: Alibaba, JD.com, Taobao and Tmall International Other relevant research: Chinese New Year 2023 Preview: Travel Boost Expected as Government Lifts Zero-Covid Policy Chinese New Year 2022 Review: Increased Travel and Winter Olympics Boost Retail Sales—But Underlying Weak Trajectory Likely Unchanged Retail 2023: 10 Trends in China E-Commerce Key Festivals and Holidays for Promotional Campaigns in China in 2023: Calendar 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: Loyalty Programs, Retail Media and More: Insights from DMEXCO 2024Department Stores in Focus—Kohl’s and Macy’s Lead the Way: US Consumer Survey InsightsFebruary 2023 US Retail Traffic and In-Store Metrics: Traffic Growth DeceleratesThree Data Points We’re Watching This Week, Week 42: Global Focus
