Published 17:32 IST, October 9th 2020
China's travel back to 80% of pre-COVID level reflecting 'recovery in consumer confidence'
China travel gained its “post-epidemic feel-good mood” momentum in midst of October 1-8 National Day holidays with 637 million trips, rebounding 80 percent.
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While China’s domestic air travel returned to 98 percent of last year’s levels according to data released by ForwardKeys, nation recently rebounded its travel back to 80 percent of pre-COVID-19 pandemic level, according to Civil Aviation Administration of China (CAAC) release. CIIE document revealed that country gained its “post-epidemic feel-good mood” momentum in midst of October 1-8 National Day holidays prior to which Chinese citizens still held on to a “wait-and-see attitude”.
As many as 637 million trips were made, that revealed a promising post coronavirus pandemic recovery as per Chinese government data. Macquarie Group Ltd ecomists compared air travel in China with 782 million trips about same time in 2019, and found recovery was up by 81 percent during Autumn Festival period, Ministry of Culture and Tourism data furr proved.
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“With local vel coronavirus infections reported during holiday, people in country were already confident that virus had been basically overcome, which is a boon for China’s domestic tourism industry,” China’s International Import Expo Bureau (CIIE) claimed in an update, hailing “Golden Week spending”. Furr, Ministry of Culture and Tourism recorded up to 500 billion yuan ($73.65 billion) made in tourism revenue.
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“ performance reflects a strong recovery in consumer confidence,” China’s International Import Expo Bureau bureau said.
Flights averaging to 73.57 percent
CIIE added that Chinese ecomy will grow by 3.2 percent in second quarter from 6.8 percent fall in first quarter as nation recovered from coronavirus’ toll on spending power. According to China’s Tourism Academy, China’s Domestic tourism income was only 28 percent less from 2019 National Day holidays, last year when revenue was calculated at 650 billion yuan, according to a Bloomberg tally. Chinese airlines operated 13,059 daily passenger flights averaging to 73.57 percent post-July as per CAAC data indicating strong recovery.
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17:33 IST, October 9th 2020