Leading travel operator Thomas Cook forecasts that its business in China will grow tenfold in the next year.

Thomas Cook China, a joint venture formed in 2016 between UK-based travel company and Chinese conglomerate Fosun International, is on track to serve 20,000 customers in its first year of operations.

"Over the next 12 months, we plan to grow this number by more than ten times," said Alessandro Dassi, managing director of Thomas Cook China.