Chinese travelers cite financial constraints over the last three years as the leading reason for not wanting to travel abroad even as China decided to end its zero-Covid policy by easing travel restrictions, according to a report.
Chinese marketing solutions firm Dragon Trail International published a report on Thursday following a survey of more than 1,000 Chinese travelers between January 4 and 7 to gauge the consumer sentiment around outbound travel.
More than one-third of travelers said they would be staying at home because of time constraints, or because of the inconvenience of applying for a passport or visa.
China had stopped issuing passports at the start of the Covid pandemic in early 2020. Following the easing of restrictions, the administration had said it would start taking passport applications from January 8.
Even as more than 60 percent of survey respondents said they wanted to travel outside of mainland China this year, travel spending will be somewhat constrained for many in the aftermath of Covid.
Around 45 percent of those surveyed said they would keep travel budgets within $3,000.
In 2019, Chinese tourists took 150 million trips overseas per year while spending $255 billion.
Of those who plan to travel overseas, 71 percent said they would do so for 5-10 days – a point to consider when creating travel products for the Chinese market in 2023.
Another interesting insight that the survey highlights is the increasing relevance of social media platform Xiaohongshu, more popularly known as the Chinese version of Instagram, not just for travel inspiration, but also for planning.
Recovery of outbound travel in China is expected to pick up in the second half of the year with July witnessing a strong comeback.
The survey expects a bumper 8-day Golden Week holiday from September 29-Octover 6 for mid-autumn festival and China’s National Day.
However, Chinese travelers will be travelling closer home as the most popular outbound destinations in 2023 are all in Asia with Hong Kong leading the way, while Thailand is by far the most popular foreign country.