China's Golden Week travel surge revives economy
TL;DR Summary
China's inbound and outbound trips during the Golden Week holiday reached 85% of pre-pandemic levels, according to official data. The average number of daily trips was 1.477 million, equivalent to 85.1% of the average trips made in the same period in 2019. International travel by Chinese tourists is expected to benefit tourism-dependent businesses worldwide. Domestic travel spending also surpassed pre-pandemic levels, with an average outlay of 911.6 yuan per trip. Travel within mainland China increased by 71.3% compared to last year and 4.1% compared to 2019.
- China's cross-border trips during Golden Week holiday recover to 85% of pre-pandemic level Reuters
- China's flagging economy gets a temporary boost as holiday travel returns to pre-pandemic levels Yahoo Finance
- Macau Casinos Boom as Chinese Tourists Flood in for Golden Week Bloomberg
- Hong Kong welcomes 1.1 million mainland Chinese visitors over National Day break South China Morning Post
- China's flagging economy gets a boost as tourism returns to pre-pandemic levels Hindustan Times
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