China’s Tourists to Spend Nearly $1 Trillion on Holidays at Home

(Bloomberg) — Chinese tourists embarking on adventures closer to home are forecast to pump a record 6.79 trillion yuan ($938 billion) into the mainland economy this year — topping pre-pandemic levels for the first time.

Spending by domestic holidaymakers is expected to be 11% higher than 2019 — before the Covid pandemic stopped most travel, according to a report by the World Travel and Tourism Council and Oxford Economics.