Chinese airlines will need 8,575 new planes worth $1.21 trillion over the next 20 years to meet strong travel growth, said Commercial Aircraft Corp of China.
Australia's tourism industry could be hit by new Chinese government restrictions on companies investing overseas, the Turnbull government fears.
China pioneers the world in internet development, as the growth of its netizens and the amount of internet consumption both top the corresponding rate in other nations, a new industry report said.
Luxury travel is taking a bite out of Chinese spending on other high-end products.
Chinese online travel company Ctrip.com said Thailand is set to top the destinations list for outbound Chinese tourists during the National Day holiday.
As Chinese tourists tend to flock to destinations along the ‘Belt and Road' regions, maintaining tourism trade balance against the tourism markets along the ‘Belt and Road' is still a challenge.
China’s capacity for shared bike production has already reached 30 million, while China made 25 million bikes for the domestic market annually before the boom of bike sharing, industry figures show.
Nine out of the top 16 trending destinations globally on Airbnb between June and August were in Asia Pacific countries. China led the top three cities to visit.
ChinaTravelNews is a wholly owned subsidiary of
©2019 TravelDaily Inc.