Home>Top Issues

Chinese outbound tourists spend over 260 billion USD in 2016: survey

Friday,Jul 07, 2017

From: China Plus

 

The overall market for Chinese outbound tourism has maintained an upward trend, with its effect on world tourism becoming ever more clear, according to a new survey.

The survey has been conducted by the Center for China and Globalization (CCG), a Beijing-based think tank, and leading Chinese travel agency, Ctrip.

It shows that Chinese outbound tourists spent 261 billion US dollars in 2016, an increase of 12% over the previous year.

Total consumption by Chinese outbound tourists represents close to 21% of global tourist spending, according a report by the UN World Tourism Organization.

In 2015, the number of outbound Chinese tourists reached 128 million, up 9.4% from 2014, and up close to 313% compared to 2005.

In the next 5 years, the number of outbound Chinese tourists is expected to hit 700 million, according to projections put forward by Chinese President Xi Jinping at the annual meeting of the World Economic Forum in the Swiss ski resort of Davos in January 2017.

 

The Center for China and Globalization(CCG) releases survey results at a press conference in Beijing on July 5, 2017. [Photo: provided to China Plus]


Stats from the latest survey show Chinese tourists spent 893 US dollars each in 2015, around half of which went toward shopping.

The same study has found the destinations Chinese tourists are travelling to are becoming more diversified.

However, analysis shows a majority of outbound Chinese tourism is still focused in Asia, with Japan, South Korea and Thailand the most popular destinations.

From China Plus,2017-7-5

 

  • China increasingly attractive to foreign professionals

    Wang Huiyao, founder and president of the Center for China and Globalization (CCG), said China is now involved in “global talent circulation.”

  • Trump’s tax cut bill more of a political game

    Trump won the presidential election on the promise of helping the poor. But he is doing just the opposite. His pro-rich measures will have serious consequences for his presidency in the long run, because the further widening of the social income gap will become an almost insurmountable problem for him.

  • China ’open to world’ of foreign talent

    The State Administration of Foreign Experts Affairs said it has records of overseas workers entering China about 3.3 million times in the past five years.

  • China expected to take larger role in global governance

    China’s provision of public goods to the world is expected to be strengthened, a recent report predicted. It is also expected that China will take a more active role in the global governance process, especially given the current climate of de-globalization.

  • CCG, Asia Society Policy Institute co-host seminar on China-US relations

    On Oct. 17, the Center for China and Globalization and the visiting Asia Society Policy Institute delegation co-held a seminar that explored the ways to help the China-US relations walk out of the ongoing tension and rebuild a momentum of cooperation, especially in the field of think tank research and philanthropy.