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China's flagging economy gets a temporary boost as holiday travel returns

10/08/2023| 1:57:22 PM|

Tourism revenues reached about 753 billion yuan ($103 billion) during the combined Mid-Autumn Festival and National Day holiday period.

Chinese tourists jammed popular sites as travel bounced back to pre-pandemic levels during a recent eight-day national holiday, giving a temporary boost to China's flagging economy.

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The government said that tourism revenues reached about 753 billion yuan ($103 billion) during the combined Mid-Autumn Festival and National Day holiday period that ended Friday, a rise of 1.5% over 2019 and 130% compared to last year when pandemic restrictions were still in place.

Planes and high-speed trains were heavily booked over the holiday. The tourism ministry said that 826 million domestic trips were made, up 4.1% from 2019 and 71.3% from last year.

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TAGS: tourism economy | holiday travel
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