Domestic Tourism in China Set for Stupendous Growth

According to our research report “China Tourism Industry Forecast to 2012”, Chinese domestic tourism market has been witnessing rapid growth for the past few years. The main reason for this growth is rise in personal income and improved salaried vacation system. Besides, rise in promotional activities by various municipalities across china has fueled growth in domestic tourism. We expect that the domestic tourist arrival in the country will surge at a CAGR of around 11% during 2011-2014.

Our ongoing analysis found that, the domestic tourist market in the country is mainly dominated by rural population. This is mainly attributed from the fact of developing transport infrastructure across various regions. This will further facilitate the movement of residents from one place to another. Besides, the number of urban tourists in the country has also increased on the back of various factor discussed in the report.

Further, Asian countries will remain the biggest source of tourist arrivals. The main countries for tourist arrivals in China are Honk Kong, Macau, Taiwan, Japan, South Korea, and Malaysia. It is projected that, Japan and Taiwan will witness significant growth in the number of tourists going to China in the coming years.

Besides, we have done thorough research and prudent analysis of some critical factors acting as a catalyst for the industry’s current and future growth outlook. The report also discusses the market structure, current and past market performance of the industry. Additionally, it provides a segment level analysis of the industry to facilitate a balanced market understanding.

“China Tourism Industry Forecast to 2012” incorporates an extensive research and rational analysis of the Chinese tourism industry. Our report provides an insight of the China tourism industry and studies its past, present, and future scenario. It offers a detail study of the forces driving the industry and discusses key market trends prevailing in the industry, making China a potential tourism destination. It also provides information (analysis and statistical data) of various industrial parameters that will help clients to analyze opportunities critical for their success in the China tourism industry.

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