Thursday, 13 September 2018

CHINA: Chinese tourists Spent 258 Billion US Dollars On International Tourism In 2017

China continues to lead global outbound travel, according to a report published by the United Nations World Tourism Organization (UNWTO).

Titled - The UNWTO Tourism Highlights 2018 Edition, the report noted that Chinese tourists spent 258 billion US dollars on international tourism in 2017, almost one-fifth of the world's total tourism spending.

According to the report, overall international tourist arrivals grew by seven percent to 1,323 million in 2017, the largest rise since 2010.

The growth in arrivals was echoed by a strong increase in exports generated by tourism, which reached 1.6 trillion US dollars in 2017.

The UNWTO explained that the 2017 results were driven by sustained travel demand for destinations across all world regions, including a firm recovery by those that have suffered from security challenges in recent years.

The organization also highlighted how the economic recovery of economies such as Brazil and Russia benefited both advanced and emerging destinations.

France remained the most popular tourist destination with Spain moving into second place, while Japan moved into the top ten earners from tourism after six straight years of double-digit growth.

Available data for early 2018 has confirmed international tourism continues to grow this year with a six percent year-on-year increase for the first four months of the year.

Chinese tourists visited domestic attractions over 2.8 billion times in the first half of 2018, up 11.4 percent year-on-year, according to a report released Wednesday by the China Tourism Academy.

The report said urban residents accounted for almost 2 billion visits, an increase of 13.7 percent compared with the same period last year, while residents from the countryside paid about 800 million visits, up 6.3 percent.

The revenue generated by domestic tourism was 2.45 trillion yuan (358 billion US dollars), a rise of 12.5 percent, the figures show.

Red tourism, which refers to activities and locations related to the Communist Party of China, has seen a boom over the past six months, according to the report.

Visits to the 436 registered scenic spots that highlight the nation's revolutionary history hit a record high of 484 million, up 4.83 percent year-on-year. Revenue reached over 25 billion yuan, a near 6 percent increase.

The outbound tourism market also saw growth in the first half, with trips to Hong Kong, Macao and Taiwan as well as foreign destinations reaching over 70 million, up 15 percent year-on-year.

The total number of China's domestic and inbound tourist trips will surpass 5.1 billion this year, up by more than 11 percent from 2016, a report showed Wednesday.

Tourism revenue this year will be more than 5.3 trillion yuan (about 802 billion US dollars), up 13 percent from a year earlier, according to a report jointly released by the China Tourism Academy and the data center of the China National Tourism Administration.

In 2016, the overall contribution of tourism to the national economy stood at 11 percent, with total tourism revenue up 13.6 percent to 4.69 trillion yuan.

With the fast expansion of tourism, China has become the world's largest source of outbound tourists and the fourth largest destination of inbound tourists.

In the first three quarters this year, the number of domestic tourists rose 13.17 percent year on year, with revenue from domestic tourism surging 16.55 percent.

The report forecast that China's tourism revenue would be more than 6 trillion yuan in 2018.

Tourism Observer

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