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China tourism nets $850 billion in 2017, contributing 11.04% to GDP
02/07/2018|3:38:42 PM|
In 2017, China earned $850 billion from tourism, up 15.1%. The tourism industry contributed ￥9.13 trillion to GDP, accounting for 11.04% of economic output, according to China Tourism Academy.
China sees narrowing tourism trade surplus in 2014-2017
02/08/2018|2:36:14 PM|
China continues to maintain a trade surplus in tourism from 2014 to 2017, though the surplus has been narrowing over time, according to a survey of China Tourism Academy.
ChinaTravelNews Briefing: Brand plans, official statistics and capital moves
01/26/2018|11:24:18 AM|
Major brands like Priceline, Marriott, Muji and Ctrip made moves in different directions, and statistics helped paint pictures on China’s corporate travel, tourists’ behavior, and cash injections.
Facebook’s chatbot M is dead. Will travel AI on WeChat thrive?
02/01/2018|10:37:26 AM|
After closing a $3 million funding round, Hong Kong-based chatbot startup TravelFlan enters mainland China market, transitioning from Facebook Messenger to Tencent’s WeChat platform for the Chinese travelers.
Mobile Internet provider SKYROAM closes its $20 million financing round
03/12/2018|1:43:53 PM|
With its self-developed and patented virtual SIM (vSIM) technology, the outbound WiFi business of SKYROAM has tens of millions of global users and is currenlty profitable.
Outbound driver-guide platform Hi Guides receives $50 million
03/01/2018|2:55:43 PM|
The current funding will be deployed for brand building, manpower development and resource distribution at destinations.
Blockchain-based travel platform Trip.io secures hundreds of million funding
02/28/2018|8:53:06 AM|
Tripio plans to restructure hotel booking protocol using blockchain technology, so as to solve problems of high commission, intensive operation, false reviews and inaccurate updates on room status.
AVIS, VariFlight cooperate to enhance China’s airport transfer service
01/23/2018|9:36:36 AM|
China Civil Aviation probably handled 549 million person-times in 2017, with a year-on-year growth of 12.6 percent, and is expected to reach 612 million person-times in 2018.
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