Money

China’s tourism revenue was below pre-Covid 2019 levels amid lockdowns

National tourism revenue for the lengthy weekend ended Monday reached 28.68 billion yuan ($4.16 billion), solely 60.6% of pre-pandemic levels in 2019, in line with China’s Ministry of Culture and Tourism. Pictured listed below are guests to the Nantong Intercontinental Green Expo Park in Jiangsu province on Sept. 11, 2022.

Vcg | Visual China Group | Getty Images

BEIJING — China’s tourism sector ended one more public vacation with revenue properly below what it was earlier than the pandemic hit.

National tourism revenue for the three-day Mid-Autumn Festival reached 28.68 billion yuan ($4.16 billion) — simply 60.6% of the 2019 pre-pandemic levels, the Ministry of Culture and Tourism mentioned late Monday. The determine additionally marked a 22.8% decline from final year.

Tourist journeys of 73.4 million have been practically 17% below final year’s determine, and had solely recovered to 72.6% of 2019 levels, the ministry mentioned.

The tourism figures dropped greater than they did over the past public vacation in early June, identified Ting Lu, chief China economist at Nomura.

“The worsening business activity was mainly due to the tightened Covid control measures, as individuals have been advised to stay local and avoid unnecessary trips during the Mid-Autumn Festival and National Day holiday (1-7 October),” he mentioned in a report dated Monday. China’s subsequent public vacation might be in October.

Chinese tourism has slumped because the pandemic hit in early 2020. Domestic tourism revenue for all of final year was about half of what it was in 2019, in line with the tourism ministry.

This year, figures for the primary six months confirmed a drop of about 28% from the identical interval in 2021. And since Shanghai’s two-month lockdown led to June, China has battled outbreaks throughout the nation, together with within the resort island of Hainan.

The Mid-Autumn Festival this year formally landed on Saturday, with the general public vacation working by way of Monday.

Even if folks did not journey far, they weren’t inclined to go to film theaters. The long-weekend field office got here in at 370 million yuan ($53.44 million), the bottom since 2017, in line with knowledge from film ticketing web site Maoyan.

The variety of movie show visits — about 9.2 million — was the bottom since 2013, regardless of greater than triple the variety of film showings, the info confirmed.

Online procuring: a vivid spot

However, on-line procuring held up, no less than when it comes to quantity.

China’s postal authority mentioned it dealt with practically 1.8 billion packages throughout the vacation, much like final year. The 2021 figures have been properly over 90% of 2019 levels, in line with an official report. A 2019 comparability wasn’t launched this year.

Last week, China’s National Health Commission inspired folks to remain put throughout the holidays and keep away from holding giant group occasions.

The fee emphasised that when transferring between provinces, vacationers want to indicate destructive virus exams taken throughout the final 48 hours — as has been the overall follow for no less than some areas. The well being authority mentioned this Covid coverage would final till Oct. 31, with subsequent changes as wanted.

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