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China targets 190 million inbound tourist visits by 2030 in new five-year tourism plan

China

China

China

China targets 190 million inbound tourist visits by 2030 in new five-year tourism plan

2026-07-08 16:35 Last Updated At:18:07

China aims to attract 190 million inbound tourist visits a year by 2030, according to a new five-year tourism development plan, signaling the country's expanding efforts to draw overseas visitors as it seeks to boost consumption and deepen international exchanges.

The plan, approved by the State Council, targets inbound tourism spending of more than 150 billion U.S. dollars annually by 2030, while calling for higher-quality tourism services and a stronger global presence for China's tourism industry.

To help meet these goals, China will further streamline services for inbound visitors throughout their journeys in the country.

The plan calls for expanding the visa-free entry program and increasing international air and rail connections, while enhancing convenience in payment, transportation, communications and accommodation as well as optimizing tax refund procedures. Multilingual visitor services are also expected to improve via better training for foreign-language tour guides and wider use of AI-powered translation devices.

It also envisions a nationwide inbound tourism network centered on international consumption hubs and major gateway cities, and aims to develop more shopping clusters suited to visitors from overseas.

China targets 190 million inbound tourist visits by 2030 in new five-year tourism plan

China targets 190 million inbound tourist visits by 2030 in new five-year tourism plan

China's National Financial Regulatory Administration and the Shanghai municipal government have jointly rolled out a series of measures to develop Shanghai into a global reinsurance hub, the two authorities said Tuesday.

Specifically, the measures aim to facilitate smooth flows and efficient allocation of various factors in the Lingang new area of the China (Shanghai) Pilot Free Trade Zone, while encouraging major companies to centralize the management of their risk protection needs within the area.

Domestic insurers will be encouraged to register reinsurance contracts, claims and related information at the Shanghai International Reinsurance Registration and Exchange, the authorities said, adding that reinsurance institutions will be supported in raising capital, expanding shareholding and issuing capital-supplementary instruments.

Additionally, efforts will be made to leverage the Lingang new area's strengths in cross-border cooperation to attract insurance institutions to explore new growth opportunities, the authorities said.

They added that the measures are part of broader efforts to build Shanghai into an international financial center, a key task set out in the outline of China's 15th Five-Year Plan (2026-2030).

China unveils measures to build Shanghai into global reinsurance hub

China unveils measures to build Shanghai into global reinsurance hub

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