China’s Dragon Boat Festival tourism rebounds to over 50% of last year’s level
06/28/2020|3:31:08 PM|Global Times

China's tourism industry saw a steady recovery during the three-day Dragon Boat Festival, with travel rebounding to about 50 percent of last year's level. The recovery came despite a spike in coronavirus cases in Beijing, which bodes well for China's consumption market.

There has also been a shift in the behavior of Chinese tourists, who now opt to make reservations before making trips amid epidemic prevention efforts. Also, short-distance and high-end trips gained in popularity among Chinese tourists during the three-day holidays.

China received 48.81 million visitors during the three-day Dragon Boat Festival holidays, which is 50.9 percent of last year's amount, according to data from the Ministry of Culture and Tourism. Total income of 12.29 billion yuan ($1.74 billion) was generated, representing 31.2 percent of last year's level. 

During the Dragon Boat Festival holidays, China transported 78.79 million passengers via railways, roads, waterways and civil aviation, according to data released by the Ministry of Transport on Saturday. Total highway traffic reached 92.69 million vehicles.

A spokesperson for told the Global Times on Saturday that the tourism sector's rebound during the short holidays has bolstered market confidence and showed that the industry, despite being extremely sensitive, is also highly resilient to external shocks. 

However, given the current situation of the epidemic and the extent to which passenger transportation has recovered, some analysts predicted that the China's tourism industry could still only maintain a level of between 50 and 60 percent of last year's. 

Despite a slower-than-expected recovery in the services sector for the whole year, Tian said that China's manufacturing could recover to 90 percent or more, providing a strong boost to the domestic economy. 

Read original article