China's tourism market

2007 China’s total tourism income reached 1.09 trillion yuan, exceeded 1 trillion yuan. 2007 the year the number of inbound tourism to 132 million passengers, an increase of 5.5 percent, the number of inbound overnight travel up to 54.72 million passengers, up 9.6 percent; tourism foreign exchange earnings reached 41.9 billion U.S. dollars, up 23.5 percent; China will continue to maintain the world’s fourth largest inbound tourism reception status. The number of domestic tourism reached 1.61 billion passengers, an increase of 15.5 percent; domestic tourism revenue reached 777.1 billion yuan, an increase of 24.7 percent.

Steady development of China’s outbound tourism citizens into the emerging Asian region remarkable source exporter. At present, China has opened tourist destination countries and regions reached 134, of which the implementation of 91. 2007 Chinese citizens outbound tourism amounted to 40.95 million passengers and continue to maintain Asia’s largest outbound tourist country’s position.

According to the World Tourism and Travel Council (WTTC) to preliminary estimation, China’s tourism and travel industry in the next decade is expected to realize an annual growth rate of 10.4 percent, China will become the world’s fourth largest tourism economy. According to the World Tourism Organization predicted that by 2020 China will become the world’s number one tourist destination and fourth largest exporter of tourists.