China’s tourism industry showed signs of recovery towards the end of last year, but analysts believe holiday spending is unlikely to pick up in coming months.
Some 25.25 million people joined package tours in the fourth quarter, down by nearly half from the same period a year earlier, according to data released by the Ministry of Culture and Tourism.
Still, participation in package holidays recovered gradually throughout 2020, from 4.98 million in the first quarter at the height of the coronavirus pandemic, to 7.79 million in the second quarter and 19.71 million in the third quarter, according to ministry figures.
The tourism industry has been among the hardest hit by…
