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 enjoyed a record-breaking Lunar New Year, amassing $1.31 billion in total box office revenue over the seven-day holiday period.

China posted a record $1.3 billion in box office receipts over the week-long Lunar New Year holiday, suggesting efforts to boost consumer spending are working.