China has replaced New Zealand as Australia’s top source of overseas visitors for the first time in the fiscal year 2017-2018, according to Tourism Research Australia.
As of February 2018, Chinese visitors made 1.39 million trips to Australia in the last twelve months, a 13.2% increase year-on-year. Chinese visitors are expected to account for 26% of total overseas visitors, which was only 13% in 2014, and hold a 60% share of overall traveling spending in Australia.
Margy Osmond, the Chief Executive Officer of Tourism & Transport Forum Australia, said Chinese visitors spent over A$ 10 billion every year in Australia, the top of all overseas visitors; today 10 Chinese visitors arrived on average every five minutes while a decade ago an average of 10 arrived every week.
To meet the consumption habits of Chinese visitors, Commonwealth Bank of Australia (CBA) has cooperated with Ant Financial to prompt the widespread use of Alipay in Australia, there are altogether ove...
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