Editor's note: Matteo Giovannini, a special commentator on current affairs for CGTN, is a finance professional at the Industrial and Commercial Bank of China, a Non-Resident Associate Fellow at the Center for China and Globalization (CCG) and a member of the Global Young Leaders Dialogue. The article reflects the author's views and not necessarily those of CGTN.
The 2025 Spring Festival holiday has proven to be a powerful indicator of China's economic resilience, with strong performances across key sectors like tourism, consumption, and entertainment. In the first days of February, key economic figures revealed that domestic tourism numbers, retail sales, and the film industry have all exceeded expectations, marking a positive start for the year ahead.