Travel and spending during China’s Lunar New Year holiday hit new records this year, giving the government an encouraging boost as it seeks to ramp up the ailing economy.

China's film market achieved a record high of 9.5 billion yuan ($1.3 billion) in takings over the Lunar New Year period, 18.8% higher than the same period last year, as movie-goers flocked to cinemas to watch movies such as "Nezha 2".

Travelers spread across China this Lunar New Year, leading to 677 billion yuan ($93 billion) in domestic tourism spending.

Statistics indicate domestic consumption broke several records during this year’s holiday, with lower-end spending seeing the biggest gains.