Big­ger tourism sur­plus ex­pected

China Daily (Hong Kong) - - BUSINESS -

China’s tourism trade sur­plus is ex­pected to in­crease as the coun­try is tak­ing in more cash from in­bound visi­tors than its out­bound trav­el­ers spend­ing over­seas, ac­cord­ing to the coun­try’s tourism in­dus­try watch­dog. China’s in­bound tourism mar­ket has emerged from the down­turn af­ter the global fi­nan­cial cri­sis and in­creased con­tin­u­ously in the past few years, China Na­tional Tourism Ad­min­is­tra­tion said in a state­ment. Mean­while, the coun­try’s out­bound tourism in­dus­try has en­tered a stage of slower growth af­ter fast ex­pan­sion, ac­cord­ing to the state­ment. In­bound tourism rev­enue rose 5.6 per­cent yearon-year to $120 bil­lion in 2016, ex­ceed­ing out­bound tourism spend­ing by $10.2 bil­lion dol­lars, CNTA data showed. In the first half of 2017, in­bound tourists made 69.5 mil­lion trips, while 62 mil­lion over­seas trips were made by Chi­nese tourists, the CNTA state­ment said.

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