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Festive frenzy: Spring Festival ignites China’s economy

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CGTN recently published an article exploring how the extended eight-day Spring Festival spurred a surge in Chinese consumption. With more time to travel and spend, the holiday created a boom for businesses across the country. The article also highlighted the immense excitement for six highly anticipated blockbusters that hit theaters during the holiday, reflecting the growing cultural importance of cinema and its role in boosting the economy.

 

Festive frenzy: Spring Festival ignites China’s economy

Stocking up on Chinese New Year goods, visiting loved ones, indulging in reunion feasts and attending vibrant temple fairs – China’s Spring Festival, the most cherished traditional celebration, is not only a time for family reunions, but has also become a major driver of consumption.

This year, with the Chinese government designating New Year’s Eve as a statutory holiday, the Spring Festival holiday has been extended to eight days, creating even more opportunities for businesses to thrive.

Extended holiday fuels tourism boom

The eight-day holiday has sparked people’s tourism enthusiasm. According to the Ministry of Transport, this year’s Spring Festival travel rush is expected to set new records in total trips. Over the 40-day period, cross-regional travel is projected to reach 9 billion trips.

During this Spring Festival, many Chinese opted for both family reunions and travel. “The longer holiday gives me the flexibility to both visit family and take a trip,” said Fang Ying from Lanzhou City, Gansu Province, who plans to reunite with her family before heading to Japan for skiing.

Flight booking data from Qunar, a Chinese online travel agency, reveals that 50 percent more travelers are purchasing multiple tickets compared to last year, thanks to the extended break.

As this is the first Spring Festival following its inclusion in UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity, destinations with unique local traditional cultural activities are drawing increasing crowds. Famous events like Quanzhou’s puppet shows, Shantou’s Yingge dance and the Yuyuan Garden Lantern Festival in Shanghai are becoming must-see attractions for both locals and tourists alike.

Outbound tourism has also reached new heights. According to Qunar, Chinese tourists visited over 2,100 cities worldwide, a 50-percent increase from last year. Ctrip, another online travel agency, reports that cross-border travel orders on the holiday’s first day were up by more than 30 percent. Top destinations include Japan, Thailand, the U.S., Singapore, Australia and Vietnam.

Foreign tourists join the festivities in China

Thanks to relaxed visa policies, such as the “240-hour visa-free transit” rule, more international visitors are choosing to visit China during the Spring Festival. Ctrip’s data shows a remarkable 203 percent year-on-year increase in inbound travel orders during the holiday, with tourists flocking from countries including South Korea, Japan, the U.S., Australia and the UK.

To enrich the visitor experience, many attractions have introduced special Spring Festival activities. For instance, Chengdu’s Wuhou Temple hosted a festive “Little Fortune God” event, where six foreign children were chosen as the “Little Fortune God,” a symbolic role believed to bring good fortune to themselves and their families in the year ahead.

A visitor from Singapore shared her experience with the China Media Group: “I heard the Yuyuan Garden Lantern Festival is a must-see event in Shanghai, and it truly lives up to its reputation.” This is her first trip to China, and she has already tried local delicacies like “da bing” (Chinese pancake), “you tiao” (fried dough sticks), “cifan” (glutinous rice rolls) and “dou jiang” (soy milk) in other Chinese cities.

To make travel easier for international visitors, many apps have launched their English versions. For example, Baidu Maps has introduced its English version, providing detailed information on over 1.5 million points of interest, from restaurants to shopping centers, helping eliminate language barriers.

Spring Festival film frenzy

While many travelers are exploring the world, others are enjoying China’s exciting Spring Festival film lineup.

This year’s movie season boasts several highly anticipated blockbusters, including “Ne Zha 2,” “Detective Chinatown 1900,” “Creation of the Gods II,” “The Legend of the Condor Heroes,” “Operation Hadal” and “Boonie Bears.” These movies span genres such as animation, mythology, martial arts, suspense and action.

On the first day of the Chinese New Year (January 29), box office revenue reached a record-breaking 1.806 billion yuan (about $251 million), surpassing the 2021 record of 1.693 billion yuan. By January 31, total box office earnings, including pre-sales, had already exceeded 4 billion yuan, with “Ne Zha 2” leading the pack at 1.3 billion yuan.

The success of these films underscores the rising popularity of domestic intellectual properties (IPs), signaling a promising future for the Chinese film industry. Analysts believe this trend will continue to fuel the growth of creative new works, further establishing Chinese film IPs as powerful global brands.

For more information, please click here:

https://news.cgtn.com/news/2025-01-31/Festive-frenzy-Spring-Festival-ignites-China-s-economy-1AC4Uf2y1gI/p.html

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Press Release

Bruce Allen Craig Highlights Community Responsibility in New Feature

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  • Texas business leader uses spotlight interview to advocate for child protection and local engagement

Texas, US, 24th December 2025, ZEX PR WIRE, Bruce Allen Craig, CEO and President of Big Easy Entertainment, is using a newly published spotlight interview to raise awareness about community responsibility, child protection, and the role individuals play in creating safer, stronger local environments.

In the interview, Craig reflects on more than 40 years in business, from real estate development to entertainment leadership, and speaks openly about why giving back has become a core priority.

“Success means very little if you’re not giving something back,” Craig said. “If you’re building businesses but ignoring the people around you, you’re missing the point.”

Advocating for Child Protection

Craig’s message is closely tied to his recent participation in the 2025 Dancing with the Stars event benefiting the Center for Child Protection. The organisation serves as the first stop for children in Travis County suspected of being victims of abuse.

According to the Texas Department of Family and Protective Services, more than 60,000 confirmed cases of child abuse and neglect are reported statewide each year. Nationally, the CDC estimates that 1 in 7 children experience abuse or neglect annually.

“These numbers aren’t abstract,” Craig said. “They represent real children who need safety and dignity.”

During his visit to the Center, Craig spent time in the “kids’ closet,” which provides clothing and essentials to children in crisis.

“Something as simple as a clean shirt can help a child feel human again,” he said. “That matters more than people realise.”

Business Leadership Beyond Profit

In the interview, Craig also connects his business philosophy to community action. After decades of navigating market cycles, he believes adaptability and responsibility go hand in hand.

“When markets shift, you can’t freeze,” Craig said. “The same applies to communities. If something needs attention, you step up.”

Small actions, he notes, have real impact. Studies show that for every $100 spent at a local business, about $68 stays in the local economy, compared to less than half when spent with national chains.

“Communities don’t thrive by accident,” Craig said. “They thrive because people choose to participate.”

A Call to Individual Action

Rather than asking for grand gestures, Craig encourages simple, personal steps:

  • Support local charities that work directly with children and families

  • Volunteer time, skills, or services

  • Donate essentials like clothing and school supplies

  • Stay informed and speak up when community needs are visible

“You don’t need a title or a platform,” Craig said. “You just need to care enough to act.”

About Bruce Allen Craig

Bruce Allen Craig is a fourth-generation Texan and entrepreneur with over four decades of experience in real estate, hospitality, and entertainment. He currently serves as CEO and President of Big Easy Entertainment, overseeing a family of companies that includes restaurants, bars, music, media, and technology ventures. Craig is an active supporter of Texas-based charitable organisations, including the Center for Child Protection.

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Dr Leigh Beveridge Australia Advocates for Clear Thinking and Human-Centered Science

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  • Biotech leader urges professionals to slow down, ask better questions, and build systems that help ideas succeed

Victoria, Australia, 24th December 2025, ZEXPRWIRE, Following his recent in-depth interview feature, physician-scientist and biotechnology leader Dr Leigh Beveridge (Australia) is raising awareness around a critical issue facing science, medicine, and business today: the growing gap between strong ideas and the systems needed to turn them into real-world impact.

Drawing on his career in hematology, immunology, and global drug development, Dr Beveridge is advocating for clearer thinking, better communication, and more inclusive leadership as practical tools for progress.

“Most good ideas don’t fail because they’re wrong,” Dr Beveridge said. “They fail because they’re rushed, poorly explained, or not supported by the right systems.”

Why This Matters Now

According to global industry data, nearly 90% of drug development programs fail before approval, often due to issues unrelated to the underlying science, such as unclear strategy, misaligned teams, or weak decision-making frameworks. At the same time, the World Health Organization reports rising burnout across healthcare and STEM fields, with more than 40% of professionals citing lack of clarity and constant urgency as major stress drivers.

Dr Beveridge believes these problems are connected.

“When priorities are unclear, everything feels urgent,” he said. “That’s when people burn out and good thinking disappears.”

Advocating for Better Communication and Curiosity

A central theme of the interview was the importance of asking better questions and making complex work easier to understand. Research from the Australian Academy of Science shows that 65% of Australians feel overwhelmed by medical and scientific information, even as innovation accelerates.

“If people can’t follow the thinking, they can’t trust the outcome,” Dr Beveridge explained. “Clarity is not about simplifying the science. It’s about respecting the audience.”

He credits his early experiences in teaching, mentoring, and community radio with shaping this belief. “Those settings taught me that listening is as important as explaining,” he said.

Inclusion as a Practical Advantage

Dr Beveridge also highlighted the role of inclusion in improving decision-making. Government data shows that leadership teams in STEM remain largely homogeneous, despite evidence that diverse teams are up to 35% more likely to outperform in complex problem-solving environments.

“When teams look the same, blind spots grow,” he said. “Different perspectives aren’t a distraction. They’re a safeguard.”

A Call to Action: What Individuals Can Do

Rather than focusing on institutional reform alone, Dr Beveridge encourages individuals to take ownership of their thinking and habits:

  • Slow down before deciding.
    “If something feels confusing, that’s a signal to pause, not push.”

  • Write things down.
    Writing clarifies thinking and exposes weak assumptions.

  • Create a daily learning window.
    Even 20 minutes of focused learning builds long-term clarity.

  • Explain ideas simply.
    If it can’t be explained clearly, it isn’t ready yet.

  • Invite different viewpoints.
    Better ideas emerge when more voices are involved.

“These are small actions,” Dr Beveridge said. “But repeated daily, they change how work feels and how outcomes look.”

About Dr Leigh Beveridge (Australia)

Dr Leigh Beveridge is a physician-scientist and senior biotechnology leader with experience across hematology, immunology, and global clinical development. His work spans academic medicine, pharmaceutical strategy, teaching, and mentorship. He is known for his focus on clarity, systems thinking, and human-centered leadership.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Royal York Property Management Elevates Owner Services with Comprehensive Solutions and Guaranteed Rental Income

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Canton, Michigan, 24th December 2025, ZEX PR WIRE, Royal York Property Management continues to reshape the experience of rental property ownership by offering a full suite of professional services built specifically for landlords and real estate investors. The company focuses on protecting property value, improving operational efficiency, and delivering consistent rental income for owners across Ontario and international markets.

With more than a decade of industry experience, Royal York Property Management has grown into one of Canada’s most trusted property management firms. The company manages tens of thousands of rental properties with a total asset value in the billions. This growth reflects strong owner confidence and a proven ability to deliver dependable results in a changing rental market.

A Full Spectrum of Property Management Services for Owners

Royal York Property Management provides an end-to-end management model that removes the daily burden of rental ownership. Property owners receive professional support at every stage of the rental lifecycle, from listing and tenant placement to ongoing management and legal compliance. Each service is designed to reduce risk while improving long-term returns.

Tenant placement remains a cornerstone of Royal York’s owner services. The company handles property marketing, professional photography, listing distribution, and tenant showings. Every applicant undergoes a detailed screening process that includes credit checks, employment verification, and rental history reviews. Lease preparation is completed with full compliance to provincial regulations, giving owners confidence from day one.

Rental Guarantee and Income Protection

One of Royal York Property Management’s most valued services for owners is its rental guarantee program. This offering protects landlords from missed rental payments and income disruption. The program covers rent loss and provides support through the eviction process when required. It also includes tenant replacement services, ensuring properties return to generating income as quickly as possible.

For owners, this program creates predictable cash flow and reduces exposure to tenant-related risk. It is especially valuable for investors who rely on rental income as part of their broader financial strategy.

Daily Management and Financial Oversight

Royal York manages all daily property operations on behalf of the owners. This includes rent collection, lease renewals, move-in coordination, and tenant communication. Owners receive clear and timely financial reporting, making it easy to track income and expenses without administrative stress.

The company’s owner portal provides secure access to statements, documents, and payment records at any time. This transparency allows owners to stay informed while remaining hands-off in daily operations.

Maintenance Services and Around-the-Clock Support

Property maintenance plays a critical role in preserving asset value. Royal York Property Management offers twenty-four-hour maintenance coordination for both routine and emergency issues. Services include plumbing, electrical work, heating and cooling, painting, cleaning, and restoration.

Owners are kept informed throughout the process. Maintenance requests, approvals, and completion updates are visible through the online portal. Before and after documentation ensures clarity and accountability for every job completed.

Legal Compliance and Risk Management

Navigating landlord-tenant regulations can be complex and time-consuming. Royal York provides legal support to help owners remain compliant and protected. Services include notice preparation, eviction processing, Landlord and Tenant Board applications, and small claims assistance.

This legal oversight helps reduce exposure to disputes and ensures owners follow proper procedures at every stage of tenancy management.

Technology-Driven Transparency for Owners

Royal York Property Management invests heavily in technology to support owner visibility and control. The online portal gives real-time access to financial data, maintenance activity, and tenant records. Owners can review performance metrics and documentation from anywhere.

This technology-driven approach improves communication and strengthens trust. It also allows owners to make informed decisions about their investment portfolios.

Proven Growth and Owner Trust

Royal York Property Management now oversees more than twenty-five thousand rental units across Canada. The company manages over eleven billion dollars in property assets. These milestones reflect sustained growth and long-term relationships with property owners.

“Our focus has always been on treating property management as a financial operation,” said Nathan Levinson, Founder and Chief Executive Officer of Royal York Property Management. “Every decision we make is designed to protect the owner’s asset and improve performance.”

Supporting Owners Through Every Market Cycle

As rental markets evolve, property owners need a management partner that adapts quickly and delivers consistent results. Royal York Property Management combines professional expertise, structured systems, and responsive service to support owners through all market conditions.

By simplifying operations and reducing risk, the company allows landlords to focus on growth rather than day-to-day challenges.

About Royal York Property Management

Royal York Property Management is a full-service property management company headquartered in Vaughan, Ontario. The firm serves landlords across more than forty Ontario communities and international markets. Royal York specializes in tenant placement, rental guarantees, maintenance, legal support, and technology-driven management solutions designed to maximize owner returns.

To learn more visit: https://royalyorkpropertymanagement.ca/

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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