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China's tourism spending shifting toward experience-driven cultural activities: expert

China

China

China

China's tourism spending shifting toward experience-driven cultural activities: expert

2026-04-14 16:56 Last Updated At:19:07

China's tourism sector is undergoing a profound transformation, with consumption patterns showing tourists are increasingly favoring more immersive, experience-driven activities rooted in local culture, according to an industry insider.

Dai Bin, president of the China Tourism Academy, a research institute under the China National Tourism Administration, gave his assessment of the latest industry trends as data shows a general uptick in tourism so far this year.

It comes off the back of the recent three-day holiday for the country's Qingming Festival, or Tomb-Sweeping Day, with data from the Ministry of Commerce showing hotel accommodation consumption was up over 2 percent on major platforms compared to last year, with the number of intercity travel trips growing by more than 15 percent and car rental orders also surging by nearly 40 percent year on year.

The number of passenger trips during the Qingming Festival was also up 6 percent year on year, with over 845 million trips being recorded across the three-day holiday. Dai noted that China has already seen encouraging tourism figures from the New Year's Day and Spring Festival holiday periods earlier this year, and observed that Chinese travelers are now venturing farther afield and diversifying their consumption modes.

"Based on data from the past three holidays, the New Year's Day, the Spring Festival, and the Qingming Festival, as well as first-quarter performance, we can say that China's tourism sector has got off to a strong start in 2026," he said.

"Three key trends stand out: First, vehicle traffic has increased significantly; second, people are traveling farther; and third, people are spending in more diverse ways. In the past, spring travel to urban areas primarily centered on flower viewing, seasonal outings, and folk cultural activities. However, current data reveal a marked rise in self-driving tours, educational travel, parent-child trips, and family vacations," said Dai.

Official data showed that China's railway passenger trips hit a record high of 1.13 billion in the first quarter of this year, up 5.5 percent year on year, while cross-border trips rose 13.5 percent to 185 million.

Dai said there are rising expectations among Chinese travelers, who are now seeking more personalized, high-quality experiences that go beyond conventional sightseeing.

"Chinese travelers now have higher expectations for personalized, high-quality consumption experiences. Therefore, by starting with the keyword 'creating a better life', we can unlock the code to contemporary tourism consumption. We should offer people the vibrant warmth of authentic local life, along with deep cultural experience and a sense of technology," he said.

"More and more tourists are turning toward experiences rooted in everyday life, those that are tangible, participatory, restorative, and emotionally warm. Therefore, I believe the most essential key is to ground tourism consumption in the daily lives and cultural soil of local communities," added Dai.

China's tourism spending shifting toward experience-driven cultural activities: expert

China's tourism spending shifting toward experience-driven cultural activities: expert

The International Monetary Fund (IMF) has lowered its global economic growth forecasts for 2026 to 3.1 percent in the World Economic Outlook (WEO) report published on Tuesday, while keeping its projection for 2027 at 3.2 percent.

This marks a deceleration from the estimated 3.4 percent growth achieved in 2025. Before the outbreak of the Middle East conflict, the bottom-up forecasts for global growth would have been 3.4 percent in 2026 and 3.2 percent in 2027.

The forecast incorporates the impact of the war and assumes that it will be limited in duration, intensity and scope, with disruptions fading by mid-2026.

Under the reference forecast, global headline inflation is expected to increase to 4.4 percent in 2026 and decline to 3.7 percent in 2027.

If the conflict and the ensuing spike in oil prices last longer, global economic growth in 2026 will fall to 2.5 percent, while global inflation will climb to 5.4 percent, according to the report.

In extreme cases, global economic growth in 2026 could drop to two percent, the report warned.

To be specific, the U.S. economy is projected to grow by 2.3 percent in 2026 and 2.1 percent in 2027, although higher trade barriers introduced since April 2025 are expected to continue to weigh on activity.

In the euro area, growth is projected to decline from 1.4 percent in 2025 to 1.1 percent in 2026 before edging up to 1.2 percent in 2027. The forecasts for 2026 and 2027 are each 0.2 percentage point lower than those compared in the January 2026 WEO Update.

The 2026 growth forecast for emerging market and developing economies is revised down by 0.3 percentage point, to 3.9 percent, while the outlook for advanced economies remains broadly unchanged. With risks still tilted to the downside since the January 2026 WEO Update, the IMF suggested a comprehensive policy package combining domestic measures with coordinated international actions to strengthen resilience and foster adaptability.

It also stated in the report that "trade restrictions play a limited role in correcting imbalances but can worsen output," and urged countries to cooperate and take coordinated actions to restore stability to international economic relations.

IMF lowers global growth forecast for 2026 to 3.1 pct

IMF lowers global growth forecast for 2026 to 3.1 pct

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