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China's tourism to ride out turmoil

Caption: Tourists wait to check in at Beijing Capital International Airport.

Tourists wait to check in at Beijing Capital International Airport.

Industry insiders said although the current travel crisis will have some effect on tourism within China, it will not be very serious.

According to recent statistics from the National Tourism Administration, Chinese outbound visitors reached 34.4 million in the first nine months of this year, up 14.8% year-on-year. In September, about 3.7 million Chinese people traveled overseas, an increase of 9.04% year-on-year.

In addition, domestic tourism is flourishing, with more than 178 million Chinese traveling within the country during the National Day holiday week, up 22.1% from the same period last year.

Despite the financial crisis and worries about a global recession, many Chinese travel companies remain confident about their business prospects, saying that due to huge domestic demand and tremendous market potential, China’s tourism sector will be able to weather the storm.
Much more HERE.
Source: China Daily

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