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China on track to become world's biggest travel economy: WTTC CEO

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China on track to become world's biggest travel economy: WTTC CEO

2026-06-05 21:46 Last Updated At:06-07 16:11

China is on track to become the world's largest travel economy, said Gloria Guevara, president and CEO of the World Travel and Tourism Council (WTTC), in a recent interview with the China Global Television Network.

The latest data from the WTTC shows that China's tourism sector is going through positive momentum, particularly marked by significant increase in inbound travel.

Guevara highlighted that China is outpacing the global average growth and leading the Asia Pacific region in the tourism sector.

"Travel and tourism grew four percent in average and China passed the 9.9 percent, which is more than double. The growth is significant. As I say, from our numbers it is the best performer in the world. It is growing at a different capacity. And also, the best performer region is the Asia Pacific, and China is actually helping the Asia Pacific to be the best performer in the world," she said.

The WTTC head applauded China's policy support and other key drivers behind its tourism boom, saying China is even "ahead of the game" in some aspects. "I think some of these policies are aligned with international policies, but some of them are ahead of the game. Let me give you one example -- the payment policies. I travel here with my family last summer. It was so easy to register as an example in Alipay and be able to pay for everything everywhere. I haven't seen that in other market. It's seamless, also, the experience of the trains, the airports, the policies that they have implemented and the use of technology I think is also helping China not only to catch up, but to leaf frog," she said.

Underlining the importance of a public-private collaboration in tourism development, Guevara said her organization predicts China would be in a leading spot in just a few years following the current trajectory.

"The public-private partnership is fundamental for the growth of travel and tourism. While the private sector creates a lot of the jobs and provides investments, that wouldn't be possible without the support from the governments. That's why we are forecasting that if China continues with the policies that they have implemented, and with this growth that we are forecasting in two, three years, China is going to be the biggest in the world," she said.

China on track to become world's biggest travel economy: WTTC CEO

China on track to become world's biggest travel economy: WTTC CEO

Hong Kong's stock market ended lower Friday with the benchmark Hang Seng Index down 1.10 percent to close at 25,116.85 points.

The Hang Seng China Enterprises Index shed 1.02 percent to 8,340.83 points, and the Hang Seng Tech Index lost 1.77 percent to 4,707.62 points.

Hong Kong stocks close lower Friday

Hong Kong stocks close lower Friday

Hong Kong stocks close lower Friday

Hong Kong stocks close lower Friday

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