The National Health Commission of China has slashed the quarantine time for inbound travellers by half.
International arrivals will now only need to spend seven days in a centralized quarantine facility, and then monitor their health at home for three days, down from seven previously.
Relaxing its stringent zero-Covid policy has already spurred travel industry share prices, in particular airline stocks. China’s measures over the past year resulted in international flights running at just 2 percent of pre-pandemic levels, according to reports.
The share price of Delta Air Lines, United Airlines and American Airlines’ rose by almost 2.5 percent in early trading on Tuesday.
The restrictions have long deterred cross-border travel, and frustrated millions of Chinese citizens living outside of their country. Widespread restrictions also prompted major hotel companies to tread cautiously regarding future development in the country.