China lifted a ban on group travel to 138 countries, including the US, UK, Australia, South Korea and Japan, in a major relaxation of travel restrictions that could boost the global tourism market. Tourism and travel stocks in the region surged.
The resumption of group tours will start immediately on Thursday, according to a statement issued by the Ministry of Culture and Tourism. The easing applies to all travel agencies and online platforms across the country, it said.
The move could accelerate a recovery in the global tourism industry, which has been sluggish amid a slow rebound in flight capacity to and from China, one of the largest sources of tourists before Covid.
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