Tourism outpaces luxury goods

China's domestic travel industry is exceeding overall national growth and spending on extravagant brand purchases. Yang Feiyue and Erik Nilsson report.

China's tourism industry's advance has surpassed the overall economy's, as more Chinese are opting to spend on travel rather than pricier luxury goods.

Chinese took more than 2 billion domestic trips in the first six months of this year, up 9.9 percent over the same period of 2014, China National Tourism Administration data show.