— China’s tourism industry has grown at an exponential pace, with China’s overall tourism market forecast to reach $8.2 trillion by 2025, according to a report released by the International Tourism Bureau.
That compares with an industry of about $3 trillion worldwide.
Tourism in China’s capital city has grown by nearly 40% over the past decade, according a Bloomberg survey.
The bureau forecast China’s annual tourism revenue of about 2.4 trillion yuan ($400 billion) by 2025.
That’s up from $2.1 trillion a decade ago.
The Chinese are also growing the number of destinations they visit, according the bureau.
In the last 12 months, China’s top 10 tourist destinations increased by nearly a third to 5,943.
By 2020, China plans to add 1,200 destinations.
The industry is also expanding, according in part to an economic downturn.
The government announced in November that the country will open more than 1,500 more hotels in 2019, and another 7,500 hotels in 2020.