Array
Tourism revenues in China during the Lunar New Year holidays that ended on Saturday surged by 47.3 percent year-on-year and surpassed 2019 levels, thanks to a domestic travel boom amid a longer-than-usual break, official data showed on Sunday.
The data may offer temporary relief to policymakers as the world’s second-largest economy has been facing deflationary risks amid weak consumer demand, but the sustainability of the tourism boost is uncertain and the tourism revenue per trip remained below the pre-pandemic level.
During the holiday, known as the world’s largest annual migration, tourist attractions across the country witnessed massive crowds.
Domestic tourism spending jumped by 47.3 percent to 632.7 billion yuan ($87.96 billion) from the same holiday period in 2023, according to the data by the Ministry of Culture and Tourism.
The number of domestic trips made during this year’s holiday grew by 34.3 percent from a year ago, totaling 474 million.
Compared to the 2019 Lunar New Year holiday before the COVID pandemic struck the country, domestic tourism spending rose 7.
