{"id":640101,"date":"2026-05-01T05:23:08","date_gmt":"2026-05-01T05:23:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/640101\/"},"modified":"2026-05-01T05:23:08","modified_gmt":"2026-05-01T05:23:08","slug":"trip-com-aims-to-bring-200-million-tourists-to-china-over-5-years-buoying-gdp-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/640101\/","title":{"rendered":"Trip.com aims to bring 200 million tourists to China over 5 years, buoying GDP growth"},"content":{"rendered":"<p>One of the world\u2019s largest online travel agencies expects to attract 200 million visitor arrivals to China over the next five years, helping to boost economic growth and reduce the country\u2019s <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3339017\/fears-over-chinas-trade-surplus-misplaced-us-europe-also-driving-trend-analysts?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">services trade deficit<\/a>, according to domestic media reports.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">James Liang, board chairman of online travel agency Trip.com, said the projected influx would help turn China into the world\u2019s top tourism destination, according to reports published on Wednesday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">He was quoted as saying that inbound tourism could contribute 5 to 7 per cent to annual economic growth and help reverse China\u2019s services trade deficit. Direct revenue from inbound tourism last year accounted for 0.67 per cent of gross domestic product, he added.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to the CEIC Data economic database, the country\u2019s services trade deficit of 828.7 billion yuan (US$121.3 billion) has largely widened because Chinese tourists spend more abroad than foreign visitors do in China.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Much of China\u2019s services sector is also struggling with weak domestic consumption, fuelled by a five-year property slump and persistent job market concerns.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Xu Tianchen, a senior economist at the Economist Intelligence Unit market research firm, said inbound tourism could add 2 to 3 per cent of annual economic growth, but would probably fall short of 5 to 7 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"One of the world\u2019s largest online travel agencies expects to attract 200 million visitor arrivals to China over&hellip;\n","protected":false},"author":2,"featured_media":640102,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,95,238907,46,3456,238908,166,1671,6549,2059,3592,110821,151496],"class_list":["post-640101","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-china","tag-ctrip","tag-economy","tag-europe","tag-james-liang","tag-nasdaq","tag-north-america","tag-shanghai","tag-southeast-asia","tag-thailand","tag-trip-com","tag-xu-tianchen"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/640101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=640101"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/640101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/640102"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=640101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=640101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=640101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}