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Story summary
- The extended Lunar New Year holiday is expected to boost domestic spending.
- The government projects 9.5 billion trips during the 40-day festival, up from last year.
- The holiday runs February 15–23 and includes a nine-day break.
- To stimulate consumption, authorities will issue over 360 million yuan in consumer vouchers.
- The drive to boost domestic demand will shape China’s upcoming five-year plan, focusing on the service sector.
