New Analysis
The Lunar New Year is the biggest and most celebrated holiday in China each year. Each year Chinese people make billions of trips across the country to visit their families during that holiday period.
However, data recently released by China’s Ministry of Transport indicate that trips during this year’s Lunar New Year—which spans 40 days—had dropped by 924 million compared to 2019, the last pre-pandemic year with no travel restrictions.
The Lunar New Year travel period starts 14 days ahead of Lunar New Year’s Eve usually in late January or early February and lasts for about 40 days.
On Feb. 17, the Chinese Ministry of Transport released the travel data spanning 40 days before and after the 2023 Lunar New Year, the first new year holiday with no travel restrictions since the initial outbreak of COVID-19….