China Tourism Industry Spending, Market Size, Growth and Forecast 2016-2019
Disposable income growth, demographic change and accelerated urbanization are driving structural growth in China's tourism industry. Along with favorable government policies, optimized infrastructure and looser visa policies overseas, these factors should underpin 11%/31% 2015-20 CAGRs in domestic/outbound tourists and a 25% CAGR in domestic tourist spending (CNTA forecasts).
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