The 28th Shanghai International Film Festival ended on June 21. Organizers said
the event generated nearly 5.3 bln yuan across film-related sectors and
transport, accommodation, catering, tourism and retail, up 5.97% YoY. Catering
produced about 1.17 bln yuan and related shopping exceeded 3.0 bln yuan;
transport, tourism and accommodation each saw substantial growth. More than 70%
of domestic and international attendees traveled to Shanghai specifically for
the festival, driving hotel, transport and attraction spending and contributing
roughly 2.3 bln yuan to city tourism revenue.
