Travel & Tourism’s total contribution to GDP in China was around 9% of total GDP. This compares to 8% for automotive manufacturing, 7% for education and 5% for communications services.
The Travel & Tourism industry in China is substantially bigger than automotive manufacturing and supports almost as many jobs as the mining sector. This is according to new research from the World Travel & Tourism Council (WTTC) sponsored by American Express, released during a speech by WTTC’s President & CEO, David Scowsill, at the ‘International Tourism Industry Expo’ in Guaangdong, China.
The research, undertaken by Oxford Economics, shows that the sector’s direct contribution to China’s GDP is CNY1.2 trillion which is 13% more than the contribution to the GDP of automotive manufacturing and larger than communications services and the education sector.
Travel & Tourism’s total contribution to GDP in China was around 9% of total GDP. This compares to 8% for automotive manufacturing, 7% for education and 5% for communications services.
WTTC: China – How does Travel & Tourism compare to other sectors?
TravelDailyNews Asia-Pacific editorial team has an experience of over 35 years in B2B travel journalism as well as in tourism & hospitality marketing and communications.
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