With the end of China's "clearance" policy and epidemic prevention and control measures, more people have returned to their hometown to spend the Spring Festival this year.
According to Bloomber100 million people were more than twice the same period in 2021, but it was still 47%lower than the level before the outbreak of the epidemic in 2019.
Segment data shows that more people choose to drive home instead of taking public transportation such as train.Officials of the Ministry of Transport said at a press conference on Thursday (19th) that from the start of the Spring Festival on January 7 to January 18, the cumulative traffic of the national highway passenger cars was 320 million units, an increase of 13%over the same period of 2022.12%over the same period in 2019.
GaveKal Dragonomics Chinese Consumer Analyst Ernan CUI said at a Internet seminar on Thursday that public transportation is slower, indicating that people have been vigilant about public transport and worry about infection."It will take a few months to be completely normal."
After the government suddenly canceled the epidemic prevention restriction measures in early December, many people were the first time to go home for three years this year.Although the formal holiday is from January 21 to January 27th, many migrant workers have a longer vacation than before, which will affect factory production this month and the fact that there may be factory production early next month.
The growth of returning home means that travel in large cities has decreased.According to Bloomberg's summary data, as of Thursday, the number of subway passengers in cities such as Beijing, Shanghai, Guangzhou, and Shenzhen decreased by 10%to 25%from a week ago.
According to the index prepared based on Baidu's traffic data based on Baidu, as of Thursday, the traffic congestion level in 15 major cities in China decreased by 16%compared with the previous week.
According to the daily survey of the US company Morning Consult, consumers' confidence has rebounded from the bottom of December since the beginning of December, although it has fluctuated in the past week and has decreased slightly.
However, data from Cat Eye Entertainment on the Internet ticketing platform shows that the number of viewers at the beginning of re -opening are losing their motivation.As of Thursday, the average daily box office revenue nationwide fell from 80 million yuan (S $ 15.963 million) to RMB 43 million two weeks ago.The situation may be improved next week, because the traditional Chinese New Year is the peak of viewing the movie.
