China Transport & Tourism Monthly Recap

July 13 – The number of people China's tourism industry will receive this year is expected to exceed three billion and tourism revenue is expected to reach ¥2.54 trillion, according to a report by the China Tourism Academy. The number of international tourists arriving in China is expected to hit 66 million this year, and they are expected to spend $23.5 billion in the country. The number of Chinese tourists traveling overseas is expected to grow 19% to 38.5 million this year, and they are expected to spend $36 billion overseas.

July 3 – China's railway passenger traffic grew 6.2% year on year to 155.77 million people in June, the Ministry of Railways said, citing a three-day national holiday for the increase. Railway cargo traffic totaled 313.26 million tons during the same month.

June 18 – China's aviation industry reported a ¥1.37 billion loss in May as air travel demand remained slack and a depreciating Renminbi against the US dollar worsened foreign exchange exposure, the Civil Aviation Administration of China said. The aviation industry profited ¥1.84 billion in April after posting losses in the previous two months. Passenger traffic was up 5.5% year on year to 25.4 million people and cargo traffic was up 0.6% year on year to 450,000 tons in May. However, passenger and freight volume shrank from April.

June 9 – China's aviation industry will need 150 to 200 new aircraft annually in the years to come, Wang Changshun, deputy director of the Civil Aviation Administration of China, said at the International Air Transport Association's annual conference. He predicted that air passenger traffic in China would amount to 350 million people this year, up from last year's 290 million.

June 8 – Investment in China's railway projects rose 16% month on month and fell 20.1% year on year to ¥33.77 billion in May, according to figures from the Ministry of Railways. Between January and May, the amount was down 46.9% year on year to ¥105.48 billion; the rate of decline slowed a bit from the first four months.

June 5 – Rail passenger traffic in China rose 3.7% year on year to 154 million people in May, the Ministry of Railways said. Rail cargo traffic was up 1.8% year on year to 342 million tons during the month.

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