For more Information: http://www.renub.com/china-outbound-tourism-market-to-be-more-than-us-200-billion-in-2016-34-nd.php

Renub Research says The Chinese Outbound Tourism Market is a fast growing source market for most of the destinations; it is set to bloom in the coming future and leave its mark on a wider range of destinations. The thriving pace of growth is expected to continue. With increasing average income and a less restraining tourism policy, Chinese people are able to travel within and outside of their homeland. China has grown rapidly as a major source of outbound tourists and has become a key tourist market in the world in its Report China Outbound Tourism market and Forecast. As per our analysis; China Outbound Tourism market has crossed US$ 200 Billion mark in 2016 and will further grow with a CAGR of 20.3% from 2017-2022.

The report provides the in-depth study of the Chinese outbound tourism market and forecast; segmented by Holiday/leisure, Visit Friends and Family (VFR), Business and others by visitors’ arrivals and spending. China outbound tourism market; Hong Kong holds the highest share in terms of visitors and their expenses while visiting the country. While in terms of Chinese outbound visitor receipt; United States stands at second place.