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Chinese Tourism Recovers, Revenue Up 114% Y/Y

MNI (Singapore)

Chinese residents have made 3.67 billion domestic trips in the first three quarters, with tourism revenue reaching CNY3.7 trillion, rising 114%, said Du Jiang, vice minister at culture and tourism. The number of commercial performances and revenues grew over 121% and 84% over Jan-Sep when compared to the same period in 2019. China is also set to launch an inbound tourism promotion plan to provide visitors with high-quality tourism products and services, the ministry said. (Source: Securities Daily)

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