The Impact of the New Policy Changes on the Tourism Industry of COVID-19: Evidence from the Chinese Market
DOI:
https://doi.org/10.54691/bcpbm.v47i.5162Keywords:
Tourism industry; China; COVID-19.Abstract
The background of the study is about whether the COVID-19 pandemic will have an impact on the industry or not. Secondly, the motivation of the research is to give some suggestions and policies to the tourism industry in response to the COVID-19 epidemic. The influence on the tourism industry can be better analyzed through the example of China's free trade Organization. The two data in this paper are the rise and fall range of stocks before the epidemic and the rise and fall range after the policy liberalization. The data used in the second data is relatively new, because it is about 2023 after the new policy is lifted. Therefore, this study has important practical significance for the development of the industry, especially for the development of tourism. The COVID-19 pandemic is having an impact on the travel industry. It also gives some suggestions for the tourism industry, such as launching more online activities or changing company policies.
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