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2007-3-18 11:42 vip
Tourism now 6.1% of GDP

With the rapid development of the nation's economy and remarkable increase in h)?#R2u`)p2s

jMeP9|ziD5D S disposable income, the country's tourism industry is flying. 7P)PsIb!hz
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Inbound, outbound and domestic tourism are all showing expansive growth, with
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0ZQ[*w6o#V7j tourism revenues now accounting for 6.1 percent of total GDP. H$e0hY9n#V

}.uK(V+[R \-T l9Xe Growth is due to newly opened international destinations, improved domestic
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j|"E/} T transportation and infrastructure, and overall economic development and ]~h)q:Q:ya/Bo

2aU7pH!b+`A9\ stability in China, according to market research firm Euromonitor International.
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The China National Tourism Administration (CNTA), says that the industry will
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P_c)n\ ba fe Organization predicts that China will be the world's largest tourism market by
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0]M _6Kzv#u 2020.
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/Cw RK%?"N0V4{ The government's support of outbound tourism has been instrumental in the
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p6w8I(\]V@ n surge of Chinese consumers travelling abroad. By December 2006, 129 countries "[`8L7V? }1@

v"k^4C8g q and regions had been approved as destinations by the CNTA, a dramatic increase 7s"a?EM*VeM]
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from the six approved in 1999. $o'^{ Zb?.g+ho @
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An example of government efforts to expand tourism is an agreement last year \}/N L Nc X^

`Q\"mDj;sB5am with Australia allowing all Chinese citizens to visit the continent. Before only
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citizens from eight provinces and municipalities, including Beijing, Shanghai
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'q loT Wh @;@ and Guangdong Province, were allowed to travel there.
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Q#q\Yp Africa was also opened to Chinese tourists in 2006, with more than 10 I Iko`t$Ox
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countries, including Egypt, Kenya, Tanzania and Namibia, qualifying as approved
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destinations. #Gjb Py,l"L

4K yDL*H7} Increased travel has naturally brought benefits to airlines and hotels, e3O!Y L6OlK

"i@'fr7Ke1X N Euromonitor's research shows. O:YbQ:M._*M]

m&?2Q'n;t#F$Q"o The aviation industry continued to show strong profits despite high fuel
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*i8Bk9u6_%^ prices that boosted costs 23.5 percent.
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%o `/g!Gg%w\ China National Aero-Technology Import

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