China is banking on tourism to fill its coffers as normalcy returns following pandemic

China is banking on tourism to fill its coffers as normalcy returns following pandemic

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Is the pandemic over in China? The answer is yes and the proof is that people in china are travelling. The people of China made at least 23 million domestic trips on May Day. The trips contributed 9.7 billion yuan to tourism revenue which is around 1.38 billion dollars. 50 million trips were made by the end of day 2. By the end of day 4, the tourism coffers collected 43.23 billion yuan. That's a little more than 6 billion US. Dollars.

The govt expects that by the end of the holiday, the people of China would have made at least 90 million trips, according to the Chinese ministry of culture and tourism. In 2019,195 million trips were made during the May Day holidays. This was a 13.7% year-on-year increase and thetravellers contributed 117.67 billion yuan to the tourism revenue which is around 17.5 billion dollars.

The world is still battling the coronavirus and China is fresh out of the pandemic web. How has the dragon managed to encourage tourism in such large numbers?

China has opened 70% of its tourist spots. Nearly 8500 a-level spots had opened their gates by the 1st of May. The idea was to attract tourism and boost consumption and the local governments have left no stone unturned to ensure this.

China also rolled out attractive electronic vouchers and discount coupons. A 150 million yuan fund was allocated to boost consumption.

Over 85 per cent of hotels across china have resumed operation. Is china compromising social distancing in order to boost its economy?

China says no. Authorities say they have placed a cap on the number of tourists in every location. 30 per cent of the total capacity.

All tourists are also required to take temperature checks. Hotels too have ushered in new social distancing rules. Beijing's economy has taken a hit and the communist party is banking on tourism to start filling its coffers.

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