Thursday, December 29, 2011

China became 3rd biggest tourism market

According to a report issued by the National Tourist Administration, China has become the third-largest tourism marketplace in the world. Total income from inbound and outbound sightseeing for the five years leading up to 2010, totals six trillion yuan.
China’s fast-growing tourism industry has become a cash cow for country. In the 16 years from 1994 to 2010, the country’s total tourism income has raised 11-fold. In the 5 years to 2010, China has established 9.3 billion people from at house and abroad. That’s a whooping six trillion yuan in tourism dollars.
According to China National Tourist Administration, the country has not only become the biggest end for tourists in Asian countries, but it also ranks in the top three global destinations for travelers.
During the 11th Five Year Plan, the tourism industry has largely support economic growth in China. It’s contributed over 90 percent to the hotel business, and over 80 percent to the aviation and railway industries. In the process, tourism has created over nearly 14 million jobs in tourism industry, and 60 million jobs in other regions.
During the past five years, China has sign cooperation plans with the U.S., Australia, Japan, Russia, and South Korea. The country is expected to make 100 million new outbound departures each year from now to 2015.

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