April 18, 2024 04:23 GMT
MNI BRIEF: Q1 Cross Border Activity Up 117.8% - Ministry
MNI (BEIJING)
MNI (Beijing)
China’s cross border activity saw 141 million people enter and exit the country over Q1, an increase of 117.8% y/y, according to the National Immigration Administration on Thursday.
Foreign passport holders totalled 13.074 million persons, up 305.2% y/y.
The number of airplanes reached 194,000, up 158.6% y/y, ships totalled 102,000, up 15.9% y/y, and trains amounted to 24,000, up 14.2% y/y.
Robust trade with emerging markets will support China’s imports and exports in 2024, despite western countries’ continued efforts to “de-risk” away from Chinese-made goods, a prominent trade advisor recently told MNI in an interview. (See: MNI INTERVIEW: China EM Trade To Rise, Despite Western De-risking)
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