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Joyu-Lvmama receives RMB 1 billion funding from Res Publica Holdings

Chinese tourism platform Joyu Group announced that it has received RMB 1 billion for its online platform Lvmama, and that Res Publica Industry & Finance Holdings has become its new partner.

09/27/2017|7:04:07 PM|ChinaTravelNews

China's travel club Yuelvhui completes an angel round

The business mode of Yuelvhui is to “expand lifestyle and travel IP on top of meeting basic travel demands”.

09/21/2017|10:37:14 AM|ChinaTravelNews

Outdoor sports platform 117 Sport closes the Pre-A round financing

China’s outdoor sports platform 117 Sport has raised tens of millions of yuan in its Pre-A round of financing. The lead investor was Beethink.

09/21/2017|8:57:46 AM|ChinaTravelNews

CAAC expects more than 50 new airports added in three years

Over 50 new airports will be added in China by 2020. Some 68 runways, new terminals with a total floor area of 7.07 million square meters and 1832 aprons will also be added in the next three years.

09/20/2017|10:59:55 AM|ChinaTravelNews

China’s airlines handle 363 million passengers in January-August, up 12.6%

In January-August, the passenger volume of domestic air routes rose 13.5% to 326 million and the number of passengers carried by international air routes by 5.0% to 36.922 million, according to CAAC.

09/19/2017|7:07:04 PM|ChinaTravelNews

AI, AR innovations provide a glimpse of tourism operation in the future

AIcorrect Translator, designed for independent outbound tourists with the application of AI voice recognition technology, won the championship with "Innovation Enterprise Award" and "People's Choice".

09/15/2017|3:27:25 PM|ChinaTravelNews

Priceline CEO: To go local in China and match with Airbnb

Priceline’s CEO and president Glenn talked about cooperation with Ctrip, Airbnb, M & A strategy and development strategy in China during the first CEO Talk of the ongoing TravelDaily Conference.

09/14/2017|12:02:07 PM|ChinaTravelNews

China grapples with $216.7 billion tourism deficit in 2016

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.

09/13/2017|10:49:06 AM|ChinaTravelNews
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