Has China’s international tourism services trade achieved a sustained surplus?

According to calculations by the National Tourism Data Center, my country’s tourism service trade expenditures from 2014 to 2017 were approximately US$89.64 billion, US$104.5 billion, US$109.8 billion and US$115.29 billion respectively. It is expected that the expenditure in 2018 will reach 120.25 billion US dollars. One hundred million U.S. dollars.

At the same time, consider the spending of a large number of high-frequency tourists from Hong Kong and Macao holding mainland bank cards in the mainland, the air ticket expenses of more than 20 million inbound tourists taking Chinese airlines, and the downtime missed in the supplementary sample survey3 According to tourist expenditures from months to one year, my country's tourism service trade revenue from 2014 to 2017 was approximately US$105.38 billion, US$113.65 billion, US$120 billion and US$123.4 billion respectively. It is expected that the revenue will increase to US$127 billion in 2018.

In this regard, analysts said that China's international tourism services trade has always maintained a surplus over the past five years, but the surplus has shown a phased trend of narrowing.