Core Insights - The Spring Festival holiday has seen a vibrant consumer market with new shopping experiences and activities across major commercial districts in China, indicating strong consumer engagement and spending [1] Group 1: Consumer Trends - In Chengdu's Chunxi Road, a cultural IP based on pandas attracted over 10,000 visitors daily, boosting foot traffic and popularity of cultural shops in the area [3] - Beijing launched over 30 temple fairs and cultural activities, while Shanghai introduced more than 2,000 festive events, blending traditional customs with modern urban trends [5] - Data from 78 monitored pedestrian streets showed a 23.2% increase in foot traffic and a 33.2% rise in sales on the first day of the holiday compared to the previous year [5] Group 2: Retail and Dining Performance - Nationally, key retail and dining enterprises reported a 10.6% increase in average daily sales during the first two days of the holiday compared to the same period in 2025, with a notable demand for green, smart, and health-related products [7] - Sales of smart wearable devices surged by 130%, while health products like blood pressure monitors and glucose meters saw over 60% growth [7] Group 3: Trade-in Policies and Economic Impact - The "trade-in for new" policy has effectively stimulated consumer spending, benefiting 27.56 million people and generating sales of 193.09 billion yuan, with 607,000 vehicles traded in, leading to 99.56 billion yuan in new car sales [9] Group 4: Travel and Service Consumption - The extended holiday period significantly boosted service consumption, with hotel accommodation transactions increasing by 32.7%, rental car orders rising by 54%, and spending on ice and snow tourism growing by 120% [11] - Many consumers opted for experiences in small towns to enjoy traditional customs, reflecting a shift in travel preferences during the holiday [11]
新年消费活力足市场旺
Yang Shi Wang·2026-02-17 12:37