He also stressed the rise of the figures above is temporary, and is changing as the rest of the world is getting COVID-19 under control.
He Jianmin, a professor of tourism management at Shanghai University of Finance and Economics, said: "Outbound cruise liners have also canceled routes to South Korea since March last year, but the industry kept expanding."
He Jian, one of China's most-wanted fugitives, has returned to the country after seven years to face charges of corruption, the Party's anti-graft watchdog said on Tuesday.
He also reiterated denials of Russian meddling in the 2016 US presidential election.
He added that India's passenger vehicle sales are forecast to grow at a rate of 5 percent year-on-year in the coming five years, and it will only be a matter of time for India to replace Japan to become the third-largest passenger vehicle market, after China and the United States.
He added that Hungary has long friendly ties with China and it was the first European country to join the Belt and Road Initiative, and expects the ties to be further strengthened in the future.
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He also had a lavish and dissolute lifestyle and traded money for sex, the investigation found.
He added that the local government is upgrading the Shenyang Imperial Palace Museum into a national 5A scenic spot and building the Zhongjie area into a high-quality commercial and shopping location with support from the central government.
He also hailed the Initiative because it does not seek conflict with the existing international system but integration with the world financial institutions like the World Bank.
He also highlighted the importance of preventing risks from cross-border capital flows and ensuring a stable financial sector.