Economic Watch: Tourism booming during China's National Day holiday

Source: Xinhua| 2017-10-08 22:08:20|Editor: An
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CHINA-NATIONAL DAY HOLIDAYS-TOURISM(CN) 
Tourists visit the Bund in east China's Shanghai, Oct. 7, 2017. A total of 705 million tourists traveled around the country during the National holiday, generating 583.6 billion yuan (about 87.7 billion U.S. dollars) of revenue, according to the China National Tourism Administration (CNTA). This year the National Day holiday was extended by one day as the Mid-Autumn Festival fell on Oct.4, which saw a surge in tourist revenue along with passenger flows. (Xinhua/Du Xiaoyi)

BEIJING, Oct. 8 (Xinhua) -- Tourism has been booming in China during the National Day holiday, benefiting the economy of China and many other countries, official data on Sunday showed.

One of China's two Golden Weeks, the National Day holiday saw a surge in tourist revenue along with passenger flows. This year the holiday was extended by one day as the Mid-Autumn Festival, also known as the Moon Cake Festival, fell on Oct.4.

A total of 705 million tourists traveled around the country during the holiday, generating 583.6 billion yuan (about 87.7 billion U.S. dollars) of revenue, the China National Tourism Administration (CNTA) said.

The two figures represented increase of 11.9 percent and 13.9 percent year on year respectively, the CNTA said.

Provinces with major scenic spots have seen rising numbers of tourists, with southwestern Guizhou having hosted over 46 million tourists who spent 30.5 billion yuan during the eight days, up 42.1 percent and 43.5 percent year on year respectively, said the CNTA.

Inner Mongolia in north China was visited by 106.2 million tourists who spent 8.3 billion yuan, up 24.5 percent and 38.3 percent respectively.

Most Chinese have chosen to indulge in food, cultural and rural tourism this year. Theme parks, museums and traditional culture streets have also seen an obvious growth in the number of visitors, according to the CNTA.

The booming tourism was accompanied by busy traffic. Take railway as an example, over 110 million trips by railway have been made since the holiday travel rush started on Sept. 28, the China Railway Corporation (CRC) said.

The CRC scheduled thousands of extra trains during the holiday to ensure smooth travel. Likely, airports have seen a growing number of passengers, and highways have been burdened by more vehicles.

The economic impacts of China's mobile population have also been felt worldwide as more Chinese have opted to travel overseas.

Data complied by the CNTA showed that about 6 million Chinese from nearly 300 cities traveled to 1,155 cities in 88 countries or regions during the National Day holiday.

Russia was the most popular destination for Chinese tourists, followed by Thailand, Vietnam, Singapore and Malaysia, while Moscow was the most popular city, followed by St. Petersburg, Bangkok, Pattaya, and Singapore City, the CNTA data showed.

No figures are available as to how much the Chinese people have spent overseas during the eight-day holiday.

At a time when traditional growth drivers are losing steam, China has pinned hopes on services, including tourism, for new impetus to drive consumption and employment, and support economic growth and restructuring.

China's domestic tourism industry earned about 3.9 trillion yuan in 2016, and the country plans to raise tourism revenue to 7 trillion yuan by 2020.

The nation will work to develop tourism into a major driver of economic transformation. By 2020, investment in tourism is expected to grow to 2 trillion yuan, and the sector will contribute more than 12 percent of GDP growth, according to a State Council five-year tourism plan (2016-2020).

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