Further evidence that China’s outbound travel demand is soaring again has been confirmed by new figures from Alipay.
The digital payment and service platform has reported that the
average spending of outbound Chinese travellers during the first five
days of China’s National Day holiday 2023 – from 29 September to 6
October – surpassed the level in 2019.
Travel habits die hard
Familiar spending patterns are back, too, with shopping ringing up
the highest expenditure via Alipay during the five-day period.
Familiar destinations are also in demand as Chinese travellers step
back into hot spots which were off-limits during the Covid pandemic.
Asian destinations, including Hong Kong, Singapore and Malaysia, and
European countries, such as France and Italy, continued to dominate the
list of favourites.
Shifting preferences
Interestingly, there was a significant increase in Chinese tourist
spending via Alipay in less-explored destinations like Estonia and Qatar
compared to the same period in 2019, indicating a shift in travel
preferences.
And what were Chinese travellers shopping for? Skincare products and
duty-free goods topped the list. Food and beverages, as well as
accommodation, ranked as the second and third largest spending
categories, respectively.
Alipay in collaboration with its partners worldwide, now provides a
full suite of travel services to outbound Chinese tourists, ranging from
hotel and air-ticket booking, in-store payment, taxi-hailing, public
transport, food delivery to tax refund.
In addition to paying for goods and services with the Alipay app, the
number of transportation-related transactions by Chinese travellers
rose 16 times compared with the same period in 2019.
Alipay says Chinese consumers prefer mobile payments for their
transparent and favourable exchange rates (60%), discounts and other
value-added services offered (60%), expense tracking facilitation (56%),
and safety and convenience over cash (55%).