114 million overseas visits expected

China's outbound tourism will witness a year-on-year increase of 16 percent, with more than 114 million overseas visits this year, experts estimate.

The country's outbound tourism spending is expected to rise by 18 percent this year compared with 2013, to $140 billion, according to the China Tourism Academy.

The academy, together with shopping service provider Global Blue, disclosed the performance of China's outbound tourism market with the release on Tuesday of the 2014 Annual Report of China Outbound Tourism Development.