Chinese Tourism Poised to Grow at 14% CAGR by:Shushmul Maheshwari

According to our latest report "China Tourism Industry Outlook to 2012"

, tourist inflow into China has maintained a healthy growth momentum, driven by favorable government policies and increasing number of countries signing Approved Destination Status (ADS) agreement with China. Moreover, with ongoing promotional activities, infrastructural developments, and the government support, international tourist arrivals in China are expected to surge at a CAGR of 14% during 2011-2013. Besides, China is branding and positioning its tourism industry at the global level to fuel growth in its tourism industry.

Our research has found that inbound tourism segments have witnessed positive growth, despite economic slowdown and changing industry landscape. The Chinese government has also taken various initiatives such as, bilateral agreements with neighboring countries, granting Approved Destination Status, easing VISA norms, tourism promotion, branding and positioning of China as a tourism hub, cultural promotion, golden weeks etc. to boost the tourism industry.

Besides, the report provides detail analysis of present and future development in inbound and outbound tourism industry after analyzing the impact of recent economic turmoil and changing behavior of travelers on the performance of tourism industry. Our study provides brief overview of the top most destinations for Chinese travelers in international markets and analyzes them at both regional and country level. The report also discusses the purpose and expenditure made by Chinese visitors in foreign countries to help corporate operating in the tourism market to align their business strategies according to ongoing and future market trends.

"China Tourism Industry Forecast to 2012" incorporates an extensive research and rational analysis of the Chinese tourism industry. It provides segment level analysis of the industry along with future trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get an in-depth knowledge of the current, past, and future performance of the industry. The future outlook presented in the report has been derived by interactions with various industry veterans, experts, analyzing information from research papers, journals, and our in-house developed models.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM220.htm

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About the author

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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