How China’s inbound tourism could ease strain on weak domestic consumption - South China Morning Post
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Ralph JenningsPublished: 7:00pm, 14 Sep 2026Revenue from inbound travel to China is forecast to reach US$470 billion by 2040, more than doubling its current share of the economy and helping offset weak domestic demand, according to UBS.Tourism from outside mainland China would ex...
Ralph JenningsPublished: 7:00pm, 14 Sep 2026Revenue from inbound travel to China is forecast to reach US$470 billion by 2040, more than doubling its current share of the economy and helping offset weak domestic demand, according to UBS.Tourism from outside mainland China would expand to 1.5 per cent of gross domestic product (GDP) on a compound annual growth rate of 8.9 per cent from 2025, the Swiss investment bank estimated.
“Amid weak domestic demand, policymakers increasingly see inbound tourism as an incremental consumption driver,” the report said.
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https://www.scmp.com/economy/china-economy/article/3367459/chinas-inbound-tourism-revenue-projected-reach-us470-billion-2040-ubs
