Re­port: Out­bound travel mar­ket far from ma­ture

China Daily (Canada) - - NEWS CAPSULE -

Though China has huge po­ten­tial in the over­seas travel mar­ket, a re­port sug­gests that out­bound tourism is at a fledg­ling stage, with those go­ing abroad a small part of the to­tal pop­u­la­tion and the travel mar­ket is far from ma­ture.

The study by China Academy of So­cial Sciences es­ti­mates that the num­ber of Chi­nese trav­el­ers go­ing abroad grew by less than 10 per­cent in 2016, the se­cond year un­der the mark of 10 per­cent af­ter years of rapid ex­pan­sion.

A to­tal of 151 coun­tries and re­gions are open for Chi­nese trav­el­ers, with 57 hav­ing pref­er­en­tial visa poli­cies. As a re­sult, 122 mil­lion Chi­nese trav­eled over­seas in 2016, mak­ing it the largest coun­try in terms of num­ber of out­bound trav­el­ers, ac­cord­ing to China Na­tional Tourism Ad­min­is­tra­tion.

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