www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Money follows flow of outbound travel

By Zhang Chunyan | China Daily | Updated: 2015-03-17 07:40

The surge in Chinese outbound tourism is boosting domestic companies' overseas acquisitions in travel industry.

As more high-spending Chinese visitors go abroad, they become a lucrative source of business for hotels, restaurants, retailers and destinations.

China has been the world's largest outbound travel market since 2012, according to the United Nations World Tourism Organization.

In 2014, Chinese outbound tourism rose 19.5 percent to 109 million departures. The number was only about 10 million in 2000, the China National Tourism Administration said. Chinese tourists spent almost $163 billion on overseas shopping last year.

Some 174 million Chinese tourists are expected to spend $264 billion by 2019, according to a forecast by Bank of America Merrill Lynch.

In view of the Chinese visitors' huge impact on the global hospitality and travel industry, Chinese companies that have money and ambitions want a piece of the action. They would like to work together with partners in Europe or the United States, which have long histories and plentiful experience, to capitalize on the Chinese international tourism market.

Companies from the mainland believe that China's money plus Western tourism companies' reputation and management will create a win-win situation. And Chinese companies have ideas and resources to attract more Chinese visitors.

A recent case was Shanghai-based Fosun International Ltd, which bought a 5 percent stake in United Kingdom-based holiday group Thomas Cook Group Plc for 91.9 million pounds ($140.12 million) as part of a broader expansion into Europe's tourism sector.

Fosun International plans to double its initial investment in the 174-year-old package holiday specialist to 10 percent "over time".

The Chinese government has relaxed its grip on outbound direct investment as domestic enterprises begin to invest heavily abroad.

The State Council, China's cabinet, on Nov 18 released a shortened list of ODI projects needing government approval. Some 99 percent of the categories on the original list were eliminated, and now only a simple registration is required.

As Chinese outbound travel rises, Chinese companies' investment in the overseas travel sector is set to continue in the coming years.

Contact the writer at zhangchunyan@chinadaily.com.cn

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产 高清 在线 | 男人透女人超爽视频免费 | 日本黄色大片免费观看 | 国产在线视频一区二区三区 | 国产一区精品 | 精品久久久久久久久久久久久久久 | 国产精品久久久久亚洲 | 国产一级精品高清一级毛片 | 国产成人看片免费视频观看 | 亚洲视频黄 | 久久久久久久久久久96av | 在线视频99| 日韩精品永久免费播放平台 | 国产成人免费观看在线视频 | 欧美一级毛片日韩一级 | 1204国产成人精品视频 | 成人91| 欧美aaaaa一级毛片在线 | 波多野结衣一区二区三区在线观看 | 国产精品无圣光一区二区 | 久久99亚洲精品久久 | 国产美女作爱全过程免费视频 | 在线观看91精品国产入口 | 99久久在线| 免费播放欧美毛片 | 成人午夜性a一级毛片美女 成人午夜亚洲影视在线观看 | 色视频一区二区三区 | 免费看美女午夜大片 | 九九精品成人免费国产片 | 国产一级一片免费播放视频 | 99久久免费中文字幕精品 | 久久国内精品自在自线400部o | 99久久精品免费看国产一区二区三区 | 亚洲黄色免费在线观看 | 国产国语对白一级毛片 | 亚洲制服丝袜美腿亚洲一区 | 国产午夜精品久久久久小说 | 91视频一区 | 日韩欧美一级a毛片欧美一级 | 91免费永久在线地址 | 成人在线黄色 |