China’s travel industry is projected to grow at an average rate of 8% Y-Y annually from Y 2017 to Y 2027, outpacing other major economies like India and the US, according to the World Travel and Tourism Council. Chinese will take almost 70% more trips overseas in Y 2020 compared to Y 2015, fueling growth in tourism and aiding transportation and infrastructure, the tourism analysts said in a report last week. The upcoming 1 to 8 October Golden Week national holidays will be a barometer on the booming industry, with China Tourism Academy projecting 710-M trips, up 10% from Y 2016. Get the full story at Live Trading News Read also "The decline of the Western tourist" and "IHG’s mantra for localization in China – be “fully embedded”"