Tourism input on the rise
6 years, 7 months ago

Tourism input on the rise

China Daily  

The Beijing-based ShanHai Cultural and Tourism Group has invested in the building of tourist destinations in Hebei province's Xinglong county. China's rapidly growing market in tourism has attracted investment from various fields, Yang Feiyue reports Chinese tourists' travel enthusiasm has spurred businesses to step up input in tourism development. The country's tourist numbers and tourism income both came out on top last year, followed by India, the US, Japan and France, the Beijing-based World Tourism Cities Federation reports. "Seen from the long run, the Chinese market has strong competiveness, thanks to the culture and tourism integration," said chairman adviser of CITIC Ltd Zhao Jingwen at a global tourism investment summit that gathered more than 500 Chinese government organs, financial institutes and scenic spots in late May. The Beijing company has invested in a sport town in Hebei province's Xinglong county, a natural resort in Guizhou province's Anshun city, and a golf facility in Hainan province's Haikou city over the years, and plans to expand its tourism business, in addition to its real estate, financial and medical involvement.

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