# Sector set to contribute $1.48TN to the Chinese economy# Jobs anticipated to reach 106MN in next ten years# Huge surges in inbound and outbound passengers to and from China The World Travel & Tourism Council (WTTC), has shed light on the substantial resurgence of China’s Travel & Tourism sector. According to WTTC’s latest Economic Impact Research, China’s Travel & Tourism sector is predicted to contribute $1.48TN to the national economy by the end of 2023, up over 150% from 2022, when the sector contributed $583BN to the economy. Ten years from now, WTTC forecasts that the sector will contribute over $4TN to China’s economy, demonstrating remarkable growth, outpacing global CAGR by almost 2:1. The global tourism body is also forecasting that the sector will su...
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