China Outbound Travel: Purpose of Visit, Tourists Visits, Spending Top 10 Countries
China Outbound Tourism Market is expected to surpass the milestone of US$ 500 Billion marks by the end of the year 2024. The major driving factors for China outbound tourism market are; rising disposable income of the middle-class population, liberal tourism policy like Approved Destination Status (ADS) policy, government support and rising number of Chinese passport holder will foster the China outbound travel market during the forecast period.
China has evolved as a major source of outbound tourism in the world and has become one of the biggest tourism markets across the world with high per capita tourist expenditure.
How Countries are attracting Chinese Travelers
In order to attract more and more Chinese tourists, every country is tweaking its visa policy. Such as the United States begin a 10-year mutual visa validity policy with China in November 2014. As per this new policy Chinese tourist gets a valid visa to travel to the USA, and this visa can remain valid for a period of up to ten years.
This new visa policy proved to be a game changer and it accounted for nearly 53% increase in Chinese visa application in the first year of the program compared to last year. In addition to this opening of new air routes from China to the USA by both Chinese and United States airline companies further expanded traveler number to the United States.
Tourism Types: Holiday, Visit Friends and Relatives (VFR), Business (MICE) & Others (Education, Medical Treatment)
Holiday segment is one of the most popular tourism segments among other segments of China Outbound Tourism. The other 3 segments covered in the report are Visit Friends and Relatives (VFR), Business (MICE) & Others (Education, Medical Treatment). This report provides you in-depth analysis of tourism type from various perspectives like the market, visitor numbers, market share, visitor share etc by country wise.
Country Analysis: China Outbound Tourists Visits china outbound travel
In this reports, R&M has covered the top 10 destinations for China outbound tourism. Hong Kong, Taiwan, and South Korea are most preferred by Chinese tourist because of cultural similarity, affordability and accessibility. In this report, researcher has done a comprehensive analysis of each country in terms of a number of Chinese tourist visit, market & forecast and number of associated factors that impacted China Outbound Tourism.
The ten countries studied in the report are as follow: Australia, Canada, Japan, South Korea, New Zealand, Singapore, Taiwan, Thailand, United States, and Hong Kong.
The United States has one of the largest Tourism Receipt from China.
China Outbound Tourists Numbers and Market (Spending) – Top 10 Countries covered in this report
1. Australia
2. Canada
3. Japan
4. South Korea
5. New Zealand
6. Singapore
7. Taiwan
8. Thailand
9. United States
10. Hong Kong
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