It is estimated that during China National Day’s golden week starting on Oct 1, tourism market is expected to see 480 million person-trips in 2014 with an increase of 13% YoY and total revenue will reach RMB270 billion ($43.96 billion) with an increase of 20% YoY according to China Tourism Academy’s latest research. In addition, the research […]
China Tourism Academy estimates total revenue generated from China’s travel industry is going to reach RMB 3.3 trillion (USD 530 billion) this year with 3.76 billion person trips.
As the report published by Ctrip showed, China tourists had strong willingness to travel in 2014. Over 99% of respondents would go traveling, and about half (51%) of them planned to travel 3 times and more. More tourists wished to travel more than once, compared with last year.
According to China National Tourism Administration, in the first half of 2013, the number of foreign visitors in China was merely 4.94 million. Compared to the number of visitors in the first half of 2012, 2011 and 2010, it has been dropping consistently for three years.