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In Hainan, consumers spend millions of dollars on luxury products


People wore masks while walking on the streets in Wuhan, Hubei Province, on October 3, 2021, where the maximum temperature reached 98.6 Fahrenheit. A yellow high temperature warning was issued.

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BEIJING চী Chinese consumers opened their wallets to shop during the week-long National Day holiday that ended on Thursday, even though the number of trips was lower than the previous year.

According to state media, about 1.64 billion yuan ($ 252 million) was sold in nine duty-free stores in the southern island province of Hainan from October 1. According to the report, this is an increase of 5% over the same period in 2020 and four times more than the same period in 2014 – or 959%.

Hainan has become a popular destination for Chinese shoppers who used to travel abroad before the epidemic to buy luxury goods.

The epidemic also weighed heavily on this year’s National Day holiday, also known as China’s “Golden Week”. It has historically been a popular time for travel because it is one of two long vacations in a country where workers have fewer personal holidays.

However, Beijing’s “zero-tolerance” policy for epidemic control means that strict communications and lockdown measures can restrict travel at the moment’s notice যেমন as they did for tourists in Xinjiang this week. Surprisingly, some schools in Beijing have discouraged students and teachers from leaving the capital on holiday.

According to China’s Ministry of Culture and Tourism, 389.1 billion yuan in tourism spending from October 1 to 7 was only 60% of what it was in 2019 and 4.7% lower than the same period in 2020.

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Tourist travel during the week-long holiday reached 515 million, down 70% from 2019 and 1.5% from 2020, the ministry said.

According to Chinese travel booking site Trip.com, Beijing has overtaken Shanghai as the most popular destination for the newly opened Universal Studios Resort on the outskirts of the capital.

According to Trip.com, bookings for car rentals during the holidays have increased by 43% this year compared to the same holiday season in 2019. One-way airline ticket prices rose 7% year-on-year to 821 yuan, the report said.

Release: NBC Universal Universal Studios and the parent company of CNBC.



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