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Festival buying spree fuels global biz growth

Surge in domestic consumption creates vast opportunities for enterprises

China Daily | Updated: 2025-02-14 10:19
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A child participates in activities to celebrate Chinese New Year in London in February.[Photo/Xinhua]

BEIJING — On a balmy afternoon on the first day of Spring Festival, a line of nearly 40 people, over half of them Chinese tourists, snaked around the plain ice cream stall of "Uncle Chieng" on Orchard Road, Singapore.

"Recently, more than half of the customers have been Chinese tourists. Around Spring Festival, I sell about 20 percent more ice cream each day compared to usual," said Chieng Puay Chui, owner of the stall, which has become one of the must-visit spots for Chinese tourists.

This scene is just a microcosm of the vibrant Spring Festival celebrations that have swept China and beyond, the first Chinese New Year festivities after Spring Festival was added to UNESCO's intangible cultural heritage list.

The festival, which fell on Jan 29 this year, with weeklong nationwide celebrations around the date, has not only ignited a surge in domestic consumption, but also created vast opportunities for international businesses, as Chinese consumers embrace global goods and cultures.

Spring Festival, a time for family reunions and feasting, has seen a growing appetite for "foreign New Year goods" among Chinese consumers. From French wine to Chilean cherries, global delicacies have become essential elements of the Chinese New Year shopping list.

France's Occitanie region, renowned for its wine, has been actively promoting its produce in China through platforms like the China International Import Expo and the "From French Farms to Chinese Tables" initiative. For French wine producers, Spring Festival is one of the best opportunities to promote their products.

"Ahead of Chinese New Year, we organized various events to support wine producers from the Occitanie region and importers in distributing their products so that they would be available during Spring Festival," said Catherine Machabert, food and wines international director of the economic development agency of the Occitanie region.

"For the Year of the Snake, distributors have prepared a variety of gift boxes featuring snake-themed designs to promote the wines," said Machabert.

Meanwhile, French confectionery giant Andros has capitalized on the festive season by launching special gift packs and organizing in-store tastings. "Our sales during this Spring Festival are expected to double compared to previous years, setting a record," said Maxence Zeng, general manager of Andros China.

Chilean cherries, with their vibrant red hue and symbolic association with prosperity in Chinese culture, have also become a favorite among Chinese consumers.

China is a very important market for fresh Chilean cherries, not only because it receives more than 90 percent of total exports, "but also because of the friendly relationship that has been built between our cherries and the people of China," said Claudia Soler, executive director of the Chilean Cherry Committee.

Spring Festival is not just about shopping and feasting; it's also a time for travel and cultural exploration. With extended holidays and visa-free policies, Chinese tourists have been flocking to international destinations, while foreign visitors have been arriving in China to experience the festivities firsthand.

On the pristine beaches of Zanzibar, Tanzania, Chinese tourists Li Chenguang and his wife, Zhao Xue, marveled at the natural beauty surrounding them. "We can witness the Great Migration in the Serengeti, the azure waters of the Indian Ocean and even the snow-capped peaks of Mount Kilimanjaro," Zhao exclaimed.

Meanwhile, Kuala Lumpur International Airport was bustling as Chinese tourists headed to Malaysia for tropical experiences and Malaysian travelers embark on winter adventures in China. "We're planning to visit Harbin, hike up Changbai Mountain and savor traditional northeastern dishes like guo bao rou (crispy sweet and sour pork)," said Zhou Jinglang, a tour guide of a Malaysian travel agency.

According to the National Immigration Administration, China recorded 14.37 million cross-border trips during the Spring Festival holiday season, a 6.3 percent increase from a year earlier. About 1 million of these trips were made by foreign nationals, marking a 22.9 percent year-on-year rise.

Meanwhile, the 2025 Spring Festival holiday marked a new milestone for China's thriving film industry, with box office revenue soaring to an unprecedented 9.51 billion yuan ($1.33 billion) between Jan 28 and Feb 4, according to the China Film Administration.

A staggering 187 million moviegoers flocked to cinemas throughout the holiday week, setting new all-time highs in both box office earnings and audience turnout.

Released on Jan 29, the first day of Chinese New Year, Chinese animated blockbuster Ne Zha 2 has shattered multiple box office records, becoming the first film to cross $1 billion in a single market and the first non-Hollywood title to join the coveted billion-dollar club.

The Spring Festival consumption boom has not only showcased the resilience and vitality of China's economy, but also highlighted the potential for international collaboration. From French dairy products to Chilean cherries, foreign businesses are eager to tap into the vast Chinese market and capitalize on emerging consumer trends.

"Occitanie has always maintained strong ties with China and recognizes the importance of the Chinese market. With its Shanghai office, the regional agency will continue to support wine, agri-food, and cosmetics companies in entering or expanding in the Chinese market," said Machabert.

Meanwhile, Herve Lanoe, chief executive officer of French dairy company Fit Group, noted that Chinese consumers are increasingly prioritizing quality and health. "Butter with a protected designation of origin is highly appreciated by our Chinese clients," he said, adding that the company will try to take advantage of this opportunity.

Over the years, Garces Fruit, Chile's largest cherry exporter, has been actively expanding its presence in China. "The Chinese market is fundamental for the trade of Chilean cherries," said Hernan Garces Gazmuri, the export manager of Garces Fruit.

"It is a clear example of win-win," said Gazmuri, who settled in China in 2017 and opened an office in 2018. "It produces a lot of employment, from the harvests, the packaging, all this positive dynamic is generated thanks to the Chinese market. This industry does not exist without China."

"We want to continue to explore the market, developing e-commerce and boosting our Garces Fruit brand. I think there is a lot to do," he said.

Xinhua

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