In 2015, Chinese adults aging 18-34 accounted for about 60 percent of outbound travelers, according to Phocuswright.
Around 710 million trips will be made during the upcoming combined National Day and Mid-Autumn Festival holiday, according to the China National Tourism Administration.
Chinese airlines will need 8,575 new planes worth $1.21 trillion over the next 20 years to meet strong travel growth, said Commercial Aircraft Corp of China.
Australia's tourism industry could be hit by new Chinese government restrictions on companies investing overseas, the Turnbull government fears.
China pioneers the world in internet development, as the growth of its netizens and the amount of internet consumption both top the corresponding rate in other nations, a new industry report said.
Luxury travel is taking a bite out of Chinese spending on other high-end products.
Chinese online travel company Ctrip.com said Thailand is set to top the destinations list for outbound Chinese tourists during the National Day holiday.
As Chinese tourists tend to flock to destinations along the ‘Belt and Road' regions, maintaining tourism trade balance against the tourism markets along the ‘Belt and Road' is still a challenge.
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