China to Overtake US in Travel Investment With $402 Billion by 2036
Updated
Updated · Global Times · Aug 6
China to Overtake US in Travel Investment With $402 Billion by 2036
3 articles · Updated · Global Times · Aug 6
Summary
$402 billion in travel and tourism investment would put China ahead of the US by 2036, according to a WTTC forecast released Thursday.
WTTC tied that rise to visa facilitation, tax-free shopping and refund policies, and heavy spending on airports, high-speed rail, accommodation and visitor services.
China's tourism investment share is projected to climb to 3.7% of national investment by 2036 from 2.3% in 2025, while the sector itself is expected to grow 5.3% in 2026.
$3.5 trillion is the projected size of China's tourism industry by 2036—nearly double current levels—as Beijing's long-term plans aim to make the country a world tourism powerhouse by 2035.