Welcome to Kanchu-goku. I'm going to tell you the news of October 1st.
In China, October's big holiday started on the 1st.
As usual, many people are going on a trip.
However, with the decline of the economy and consumer trust,
many Chinese people, who specialize in the travel industry,
choose more economic domestic travel and local overseas travel,
taking advantage of the decline of the airspace.
According to Reuters, Mr. Ou-kin, an office worker in Beijing,
is planning to go to Yangzhou by car with his family.
During the holiday, the toll on the expressway is free,
so he chooses a car instead of a train.
In the current economic situation, it is better to avoid wasting money.
Many people are quitting their jobs.
Mr. Ou-kin said,
If I quit my job at this age, it will be very difficult to find another job.
Before the pandemic, Mr. Ou-kin's family
chose vacation in Southeast Asia and the United States.
According to statistics,
the price of domestic flights in China is 21% cheaper than the previous year.
The ticket price of the international economy class
is 25% in 2023,
and 7% in 2019.
Japan, Korea, Thailand, Singapore, etc.
are the main choices for Chinese tourists.
According to a report by Trip.com, a Chinese travel booking site,
in 2024,
the average cost of a popular air ticket and a hotel
is about 20% lower than last year.
Due to a sharp price competition
between the decline in demand and Chinese airlines,
some foreign airlines, such as British Airways and Qantas Airways,
have reduced or suspended flights to China this year.
Air Asia in the Philippines announced this month
that it will suspend flights between Manila and China
until the fourth quarter of this year.
China had a 30% increase in passenger traffic
However, this year it has decreased to only 2%.
This is a message to everyone.
I will continue to post videos about China
on the website Ganjin World.
The link is posted in the summary section below.
Please take a look if you like.
Thank you for watching.