Category: Business

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China’s A-share market makes a positive start to 2023

China's A-share market makes a positive start to 2023 [CGTN]
China’s A-share market makes a positive start to 2023 [CGTN]
CGTN | 01-Jan-2023

Market analysts predict China’s consumption, tourism and exports-oriented stocks will see growth in 2023 after the A-share stock market recorded a positive start for the year. They expected a strong economic recovery in the second quarter. Some 4,300 shares were up on the first trading day of the year on Tuesday. Top gainers include stocks in the internet services, software development and wind power equipment industries. Check out the video: Continue reading “China’s A-share market makes a positive start to 2023”

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China tourism industry expects peak season after easing COVID-19 measures

Tourism industry expects peak season after easing COVID-19 measures [CGTN]
Tourism industry expects peak season after easing COVID-19 measures [CGTN]
CGTN | 23-Dec-2022

The Chinese government announced plans to ease COVID-19 control measures. Moves were taken to boost the resumption of cross-provincial group travel tours and the industry is starting to pick up. Inquiries for travel products and services have surged, since people are keen to go outside. Tickets for trips between cities tripled on major online ticket booking platforms. Flights and hotel rooms are also in growing demand. Data from the Chinese travel service platform Fliggy shows that the number of air ticket bookings for New Year’s Day increased by more than three times in the past seven days. Experts expect that there will be peak travel during the Spring Festival. And the full resumption of tourism could be expected by the National Day holiday next October. Check out the video: Continue reading “China tourism industry expects peak season after easing COVID-19 measures”