Home / Business / Leisure, Fun & Tourism Tools: Save | Print | E-mail | Most Read | Comment
Financial crisis not to dampen tourism during Spring Festival
Adjust font size:

Fewer inbound tourists due to the world economic slowdown will not dent China's traditional tourist peak during the upcoming Spring Festival, an official said on January 5.

Inbound tourism has shrunk by more than 30 percent as a result of the global financial crisis, said Wang Zhifa, deputy director of the China National Tourism Administration.

That won't affect the whole tourist market during the Chinese Lunar New Year holiday, which will last a week from Jan.25, as inbound tourists account only a tiny share of the cake, said Liu.

The number of tourists during the holiday period will continue to grow steadily, because tourism has become a holiday lifestyle for Chinese, he said.

Taiwan will be a popular destination for mainland tourists during the festival as the availability of direct flights across the Straits reduced aviation cost and travel fees, Wang noted.

Outbound Chinese travelers are expected to favor short- and mid-distance destinations such as Hong Kong, Macao and southeast Asian nations.

China's tourism industry reaped 39.3 billion yuan (US$5.46 billion) during last year's Spring Festival week, down 6.2 percent from a year earlier because of the worst snowstorm in five decades in the country.

(Xinhua News Agency January 6, 2009)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Ice and snow festival starts in Harbin
- Sweet, sweet home for Spring Festival
- Nanjing decorated for coming Spring Festival
- Sweet, sweet home for Spring Festival
- Nanjing decorated for coming Spring Festival

Jan. 8-9, Beijing Construction Innovation Country Forum Annual Meeting
Jan. 14-16, Nanjing China Expo Forum for International Cooperation
Jan. 29 - Feb. 1, Switzerland World Economic Forum Annual Meeting

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?