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Free AccessChina Travel Surges for Extended Golden Week Celebrations
One of China's biggest annual holiday periods begins Friday. This years Golden Week runs for eight straight days. The extended length of the holiday looks supportive for travel, tourism and retail.
- It’s also one of the first holiday periods since the Covid-19 pandemic during which people from China can travel without restrictions.
- Outbound international travel bookings are nearly 20 times higher compared to the same holiday period last year, according to Trip.com.
- Despite the surge in numbers, China’s outbound international flight capacity is still down around 50% from pore-pandemic.
- More than 21 million passengers will travel by air in China during the Golden Week period, with an average of 17,000 daily outbound international flights and another 14,000 domestic flights per day.
- China Railway estimates around 190 million railway trips will be made during the 12-day travel rush from September 27 to October 8, according to rail booking platform 12306.
- That is more than double the 72 million trips made during the same holiday last year and exceeds the 138 million trips made in 2019, before the pandemic in signs Chinese tourists are still favouring domestic travel.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.