Young Chinese leading the Global Travel Growth

CAIRO – 24 September 2017: Chinese millennials are helping remodel the domestic economy by burgeoning their wanderlust, thereby increasing the global travel market’s growth, according to Bloomberg News.


young Chinese travelers

China has become vital to the global travel market as the latest Chinese generation pave the way with their curiosity, spending on airfare, hotels, theme parks, and more. This attracts all eyes to the Chinese millennial population, amounting to 400 million, and their contribution to the growing travel market.

In 2015, young Chinese travelers went for 128 million trips abroad as they shaped about 60 percent of out-bounded travelers. By 2020, the percentage will rise to 70 percent, which will give a hard push in tourism and aiding transportation.

The consumer-oriented economy is affected by the Chinese travel industry, which entails that rapid growth in Chinese tourism by the young travelers will positively affect the tourism-oriented economy.