The tourism industry is experiencing a boost in China as the demand for services from this industry surged after Beijing dropped its zero-COVID policy.
According to Skift, from January 22 to January 28, which represents the first six days of China’s Lunar New Year holiday, job openings in the catering and hotel sectors increased by 40 percent compared to the same period last year, VisaGuide.World reports.
In addition, job openings were also noticed in passenger vehicle and freight truck drivers, as well as airplane and train crews, with job openings surging by 85.2 percent, following the busy transport after China engaged in post-COVID reopening.
In addition, job openings increased by 58.9 percent during addition to festival season, while workers’ positions in the manufacturing sector rose by 42.2 percent.
The survey conducted by Zhaopin, one of China’s biggest recruitment firms, which was taken from January 28 to February 8 in 38 big cities, including Shanghai, Shenzhen, and Beijing, revealed that Guangdong province saw the fastest growth in overall job openings. More specifically, Foshan, Guangzhou, and Dongguan cities experienced increases of 43.2, 19.6, and 9.2 percent, respectively, in overall job openings.
Moreover, the country’s biggest provincial economy intends to achieve more than five percent gross domestic product growth (GDP) this year after its economy experienced a 1.9 percent increase in 2022 due to frequent COVID-19 lockdowns.
The majority of firms surveyed (72 percent) noted they were optimistic about the country’s development in economic matters, especially since COVID measures were relaxed and economic growth was prioritized.
During this period, employment patterns are also changing, with job seekers being more interested in secure positions. About 33.9 percent of job hunters say they would be interested in stable jobs without layoff risks, up from 26.8 percent of respondents recorded last year.
China’s zero COVID policy has positively affected Thailand, the neighboring country, as this measure will give the county a big tourism boost. Thailand’s finance ministry maintained its economic growth for 2023 at 3.8 percent, also supported by a rebound in tourism and domestic demand, but exports would slow down in the upcoming year, as officials said.
The country, which has the second-largest economy, experienced an increase of three percent in 2022, down by 3.4 percent as scenarios predicted. Official gross domestic product (GDP) in 2021 increased by 1.5 percent, representing the lowest increase in the region.
Pornchai Thiraveja, head of the ministry’s fiscal policy office, said that the economy is recovering in Thailand, and the tourism sector is picking up more relaxed international travel measures.
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