Asia-Pacific hotel pipeline October 2017
Nokia Flexi Zone small cells in China
Climate-smart investments in China
Tourism on track for a record year
APEC business leaders confident
ASEAN and Fourth Industrial Revolution
October data for Singapore hotels
Radisson Blu Bali Uluwatu in 2018
China leads global tech IPO market
APEC issues Da Nang Declaration
Singapore services firms optimistic
Platform to map global transformation
Tourism investment in Indonesia
ADB, AFI to boost financial inclusion
Bangladesh city planning sustainable
"APEC in Charts 2017" released
FDI benefits developing countries
Infrastructure secondary cities Vietnam
NXP automotive center in Chongqing
Cordis Hotel debuts in Beijing
APAC airlines freight volumes up 9.3%
ONYX Hospitality partners YOO Hotels
ESCAP-China partnership for PPPs
Surface chemistry facility in Boxing

Search

© 2007 Further East Consult
  Colofon
About Further East Consult
Copyrights / Disclaimer / Privacy Policy
Malaysian Dutch Business Council.
Home / China / Industries
Tourism & Travel











In 2008 China recorded a total tourism revenue of approximately US$169.5 billion, a 5.8% year-on-year increase according to the China National Tourism Administration (CNTA).

This tourism revenue includes US$127.9 billion generated from domestic travellers and US$41.6 billion from international travellers, compared to US$113.6 billion and US$45.8 billion, respectively, in 2007. The figures revealed that domestic tourism is still sustainable while inbound tourism has declined amid the global economic downturn.

In 2008, China welcomed approximately 130 million inbound travellers, including those from Hong Kong, Macau and Taiwan, a 1.4% drop compared to 2007. Despite the global economic crisis, China's outbound tourism improved to 45.8 million outbound tours in 2008, an 11.9% increase compared to 2007, due mainly to the yuan appreciation of the Chinese yuan which increased Chinese citizens' purchasing power.

Source: HVS International, Asia Pacific Newsletter February 2009