Chinese markets glitter with high hotel prices and almost all tickets sold out at all tourist spots.
Reportedly, like never before, a half a billion Chinese are on vacation in recent days, and almost all tickets had sold out at all tourist places.Chinese media states from October first week, which includes the four-day golden week holiday, Chinese market rose as the citizens travelled like never before domestically.
Even the tickets at Great Wall have sold out early and the hotel prices all over shot-up.Most of the ride-hailing apps have crashed with excess traffic, say reports.
Ministry of Culture and Tourism of China informs that through the first four days of the weekend holiday, more than 425 million people travelled domestically.The increase in the economy rate is in contrast to the rest of the world.According to the reports, the global tourism industry expects to lose at least $1.2 trillion in 2020.China has not recorded any virus infections from August second week except two asymptomatic cases at the end of September.
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