The government introduced a relief fund for the tourism industry following a meeting with representatives of business associations on May 14.
The company will come up with more diversified and tailor-made products for the country's increasing middle-income group.
Chinese riders welcome market competition as they are increasingly displeased with Didi's rising charges.
Airport parking service provider Feibotong raises $3.85 million; Trip.com could cut its Huazhu stake from 6.9% to 3.0% in future exchange deals.
The total capital contribution to be subscribed by all Partners to the Fund is RMB 1 billion.
US points transfer activity is already exceeding pre-pandemic level by 30%.
Shanghai airports recover to pre-pandemic passenger number in H1; Summer tourism market sizzling hot with family and group visitors.
The use of OTAs can be a Faustian bargain for hotels.
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