MNI BRIEF: Qingming Festival Travel Expected Up Y/Y - Ministry

China’s upcoming Qingming Festival national holiday is expected to see entry and exit average daily passenger numbers reach 2.1 million, up 21.5% y/y, the National Immigration Administration said on Tuesday. 

The flow of residents from Hong Kong, Macao and Taiwan, as well as overseas Chinese to the mainland, is expected to increase, the administration noted.

China’s upcoming 15th five-year plan, covering the nation’s key goals for 2026-2030, is expected to target an annual GDP increase of circa 4.7%, as productivity gains and greater domestic consumption counterbalances increasing external pressures, a member of the National 14th Five-Year Plan Economic Expert Committee told MNI. (See MNI INTERVIEW: China Five-Year GDP Target Likely)