What is the future development trend of China’s tourism market?

Analysis of trends in China's tourism industry

According to calculations by the China Tourism Academy, domestic tourism is expected to have a negative growth of 15.5% throughout 2020, with a year-on-year decrease of 932 million people; domestic tourism Revenue grew by 20.6%, and tourism revenue for the year decreased by 1.18 trillion yuan. By the end of 2020, the number of tourists nationwide is expected to drop to 5.074 billion, and national tourism revenue will drop to 4.55 trillion yuan.

But in the future, with the further improvement of people's living standards and changes in consumer subjects and consumption concepts, the demand for tourism will continue to increase, and the development prospects of the tourism industry are broad and promising. Therefore, forward-looking predictions show that by 2025, the number of domestic tourists will exceed 8.3 billion yuan, and tourism revenue will be close to 10 trillion yuan.

——The above data and analysis sources refer to the "China Tourism Industry Market Foresight and Investment Strategic Planning Analysis Report" released by the Qianzhan Industry Research Institute.