Passenger Transportation in China Plummeted in H1 2020
China's passenger traffic dropped by 54.8% y/y in the first half of 2020. As of end-June 2020 the number of passenger carried was 800.5mn, while that in the same period of the previous year was 1.4bn.
The lockdown due to the COVID-19 pandemic had an equally negative impact on the three major segments of the Chinese passenger transportation sector. Civil aviation dropped by 54.2% y/y in H1 2020 in terms of passenger carried, while the railway and the waterway passenger traffic declined by 53.9% y/y and by 56.7% y/y, respectively.
Further data and analysis on China’s economy is available on the CEIC China Economy in a Snapshot – Q3 2020 report.