BEIJING—Growth in China’s tourism revenue fell to its lowest level last year since the global financial crisis a decade ago, official data showed on Feb. 12, highlighting growing risk in a fast-growing sector as Chinese consumers became more cautious.
Overall tourism earnings grew 10.5 percent in 2018 from a year earlier to 5.97 trillion yuan ($881.49 billion), decelerating from 2017’s 15.1 percent gain and marking its slowest pace of growth since 2008, when it was just 5.8 percent, data from the Ministry of Culture and Tourism showed.
