Holiday boost for tourism
CHINA’S tourism industry raked in 423.3 billion yuan (US$61.7 billion) in revenue during the Lunar New Year holiday, as more affluent people become increasingly keen to travel.
The volume marked a year-on-year increase of 15.9 percent, according to calculations by the China National Tourism Administration.
During the seven-day holiday, which ended on Thursday, some 344 million visitor trips were made, up 13.8 percent from the same period last year.
Overseas travel gains proved popular again. Some 6.15 million Chinese people traveled abroad during the holiday, up 7 percent year on year.
The travel peak fell on January 27, the first day of the seven-day holiday, which saw 50.5 million visitor trips, up 10.4 percent year on year.
During the New Year holiday, hundreds of millions of people go back to their hometowns to meet relatives and old friends, and in recent years, family travels have become increasingly common that help to drive a tourism boom across the country.
China’s domestic tourism industry earned about 3.9 trillion yuan in 2016, and the country plans to raise tourism revenue to 7 trillion yuan by 2020.
By 2020, investment in tourism is expected to grow to 2 trillion yuan.
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