CHINA-ECONOMY: PEOPLE TRAVEL OVER QINGMING BUT COVID CONCERNS DAMPEN EXPENDITURE OR LONG DISTANCE TRAVEL
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China's Ministry of Culture and Tourism’s (MCT) estimated that there was a 144.6% year on year increase in the number of people who travelled over the Qingming holiday, representing a 94.5% resumption of pre-pandemic travel levels. While the people seemed determined to enjoy it, nonetheless tourist consumption over Qingming was officially estimated to have reached only RMB 27.2 billion – or 56.7% of pre-pandemic levels. This is attributed to more tourists staying close to home, opting for local day trips and Hotels and tourist attractions offering huge discounts to attract visitors.
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