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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (1010)10/13/2003 1:35:47 PM
From: RealMuLan  Read Replies (1) of 6370
 
World Travel, Tourism Council releases report on China
( 2003-10-14 00:04) (Xinhua)

The World Travel & Tourism Council (WTTC) released a detailed report on China's travel and tourism Monday.

The report made projections about the economic impact and growth of travel and tourism in China. It also provided a series of policy recommendations intended to maximize the industry's impact on both China and the world economy.

Jean-Claude Baumgarten, WTTC's president, said: "We believe that China will become a tourism economy the world has never seen. The Chinese government will prepare the groundwork for new consumer demand, by facilitating the development of transportation networks, infrastructure, tourism destinations, and a favorable policy environment."

According to research conducted by the WTTC, travel and tourism will be an enormous catalyst for future economic and social development in China and around the world. The number of people working in jobs created directly by travel and tourism will reach 13.6 million next year in China. The contribution of travel and tourism to China's GDP will be 289.2 billion yuan (36 billion US dollars).

The report also stated that travel and tourism will make an extraordinary contribution to China over the next 10 years.

www1.chinadaily.com.cn
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