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China State Railway Group, formerly known as the Ministry of Railways, lowered its estimate of passengers traveling during the Chinese New Year to 296 million from the previous 407 million with train ticket sales falling 60% year on year, according to state news agency Xinhua.
The Chinese government has urged people to cancel the traditional family gathering due to Covid-19 outbreaks across the country. Railways are the primary choice for people to travel across the country during the festive period.
The soft lockdown measures have prompted worries about the impact on the economy, especially on consumption, during the festival.