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China‑Laos railway sees May Day tourism surge, Mohan port traffic up 8.8 pct

China

China

China

China‑Laos railway sees May Day tourism surge, Mohan port traffic up 8.8 pct

2026-05-04 16:54 Last Updated At:05-05 11:56

The China-Laos Railway is seeing a surge in cross‑border tourism during the five-day May Day holiday, with passenger traffic through Mohan port up 8.8 percent year on year in the first three days, local border inspection authorities said Monday.

The port processed more than 3,300 border crossings during the first three days of the holiday. A combination of favorable entry policies and the extended holiday period has fueled the steady rise in rail-based cross-border travel, with the port experiencing a smooth but notable holiday peak, authorities said.

The holiday period has seen a clear diversification of cross-border travelers, with a marked increase of foreign nationals. Over the three days, the Mohan railway port recorded nearly 400 foreign travelers from 24 countries and regions. Notably, visa-free foreign arrivals accounted form more than 63 percent, reflecting the continued positive impact of China's visa-free policies.

"I'm taking Chinese railway abroad for the first time, and I feel really proud. The ride was very smooth and fast. I can go from Kunming to Vang Vieng in just one day," said Li Zhonghan, a student at Harbin Institute of Technology.

Several factors are behind the surge. This year marks the first implementation of a primary and secondary school spring break system in Yunnan. The spring break coincides with the May Day holiday to create an extended vacation period, making study tours and family trips a major trend in outbound tourism.

Meanwhile, a range of visa policies, including mutual visa exemptions, China's unilateral visa waivers, the 240-hour visa-free transit, and the 144-hour visa free entry for tour groups from the 10 member countries of the Association of Southeast Asian Nations (ASEAN) to Yunnan's Xishuangbanna Dai Autonomous Prefecture, have taken effect successfully, continuing to attract international visitors,

"[We] want to visit Yunnan, a bit everywhere, Sichuan, Meishan, Xi'an and Beijing. The feeling is it's a very interesting culture for us to discover. We want the children to see China with their eyes, to see how it has changed a lot in 14 years [since] last time we came," said French tourist Alexis Paul Drzemczewski.

The travel surge has been further boosted by the ongoing celebration of distinctive Yunnan ethnic festivals, including the Mojiang International Twins Festival and the Dali March Fair. Combined with holiday homecomings by overseas Chinese, these events have pushed border crossing volumes even higher.

To handle the holiday crowds, the Mohan border inspection station has introduced targeted measures to streamline customs clearance procedures. These include pre-registration and pre-screening for large tour groups and real-time passenger flow updates. The station has also added bilingual guidance officers, dedicated lanes and green channels for special-needs travelers, aiming at ensuring safe and efficient customs clearance.

China‑Laos railway sees May Day tourism surge, Mohan port traffic up 8.8 pct

China‑Laos railway sees May Day tourism surge, Mohan port traffic up 8.8 pct

Chinese stock markets dropped on Monday, as AI and tech stocks continued to see-saw, according to China Global Television Network (CGTN) market analyst Timothy Pope.

The benchmark Shanghai Composite Index closed down 0.59 percent at 3,882.01 points, with the Shenzhen Component Index, which has more exposure to the tech sector, closing 2.13 percent lower at 13,794.29 points.

Trading volumes on the two indices rose with around 2.01 trillion yuan (about 296.28 billion U.S. dollars) traded on Monday, up from 1.88 trillion yuan (about 280 billion U.S. dollars) last Friday.

Traditional sectors such as precious metals, coal mining, and insurance led the gains, while bio-tech stocks were among the top decliners.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 3.21 percent to close at 3,431.89 points on Monday.

The STAR Composite Index, which tracks the performance of stocks on China's sci-tech innovation board, closed 3.10 percent lower on Monday at 1,896.16 points.

"The A-share markets seem locked in this cycle of rally and rout for those growth stocks, particularly in the AI and adjacent sectors. Today was very much on the rout side so, while the Shanghai Composite Index was down 0.6 percent, we saw the Shenzhen Component down more than 2 percent, the ChiNext board was down 3.2 percent and the STAR 50 down 3.1 percent. Those last three are more exposed to the tech rally than the Shanghai Composite. The big losers as I said were AI hardware companies - Shenzhen Gongjin Electronics was down 10 percent, Zhongji Innolight fell more than 7 percent. But they weren't alone because the other big winning sector of the last few weeks - biotech - was in retreat today as well. Investors were rotating into gold and coal stocks as well, and agricultural stocks extended the food security trade rally that we saw at the end of last week. There were a number of stocks across those sectors, all of those were hitting the upper limits of trade today," said Pope.

Pope said the rest of the week will be dominated by earnings reports from some of China’s biggest companies.

"The rest of the week is going to be mostly about earnings. The end-of-August filing deadline is fast approaching. Friday will be a really big day on the earnings calendar. We've got BYD, PetroChina, Shenhua Energy and a lot of big banks as well. Earnings that we are going to see for ICBC, China Merchants Bank and others will give us an insight into how much pressure the big banks are under with their margins. BYD is also going to be an interesting one in light of the government's anti-involution campaign and its efforts to avert a bit of a race to the bottom in the EV sector. And before we get there, there are Nvidia results in the US on Wednesday which will doubtless impact every stock in the AI space," he said.

Chinese stock markets start week lower on AI volatility: analyst

Chinese stock markets start week lower on AI volatility: analyst

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