TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.
The following is the [Travel News]: China’s Spring Festival spending rebounds beyond pre-pandemic level from [Global Times] recommended by TheTourAttraction.com:
Total bookings for tourist attractions up 105% in the first four days of the holidays.
Total revenue made by key companies in retail and catering sectors rose 28.7% year-on-year during this year’s Spring Festival holidays from Feb 11 to 17, reaching around RMB 821 billion (USD 127.1 billion), according to China’s Ministry of Commerce on Wednesday.
The figure has exceeded the Spring Festival holiday spending in 2019 by 4.9%, prior to the COVID-19 pandemic.
According to the Ministry of Commerce, China’s consumer market has demonstrated “robustness” and “vitality” under the normalized pandemic control measures and the request for people not to travel during the holidays.
According to the data released by the Ministry of Commerce, the “stay put” policy promoted the growth of consumption. Sales of products such as home appliances, food, and fitness equipment are on the rise. Sales of beauty products and flowers also jumped. Sales of monitored retail companies in jewelry grew by more than 160%, and sales of clothing grew around 30%, compared to the same period last year.
China’s tourism sector has been recovering during the Spring Festival holidays, with total bookings for tourist attractions up 105% in the first four days of the holidays, compared to the previous week. China’s box office also rose to RMB 7 billion, breaking a historical record. In the first month of 2021, China’s total box office broke RMB 10 billion, almost half of the total revenue from last year.