World Travel Online

World Travel Online

Home > News >
The dragon power: China’s outbound travel expenditure tops USD 127.5 billion
The outbound travel expenditure of Chinese travellers reached USD 127.5 billion in the first half of 2019, more than half of which was spent in Asian destinations, according to the Balance of Payments Report released by China’s State Administration of Foreign Exchange.

The report shows that the outbound travel market was evolving with new characteristics emerging, as Chinese residents were earning more and spending more, and were travelling more, be it for vacation or education.

Mobile payment transaction doubles

Chinese travellers spent USD 127.5 billion on overseas travel in the first half of this year. Bank card payment was the most common payment method while mobile payment was increasing rapidly, with turnover doubling over the same period last year.

Asian destinations rise

About 54% of the total Chinese outbound tourists was spent in Asian destinations, and 24% and 13% in America and Europe respectively. The top five Asian destinations were Hong Kong, Japan, Macau, Taiwan and South Korea. The most popular destinations in the West were France, Italy, the UK and Switzerland.

Belt and Road countries’ spending grows

Spending in countries along the Belt and Road continued to grow, to USD 14.9 billion in related countries in the H1 2019. The top destinations in the region were Singapore, Thailand, Vietnam, and Indonesia.

Please contact us in case of Copyright Infringement of the photo sourced from the internet, we will remove it within 24 hours.

Relevant Information

Travel Fair Review


Complete and Value Added Marketing Activities in China

Most cost effective E-marketing to the entire outbound travel trade:

Fam Trips and Hosted Buyers:

PR and Marketing Events:

Multi Media Reports:

Webinar Online Education Program:

Specialist Training Program: