Incessant economic development and favorable policy framework have paved the way for growth in China’s tourism industry. In its latest research report RNCOS observed that the Chinese tourism industry has expanded to leisure vacation, industrial technology, and cultural tourisms. Besides, medical tourism, MICE section and online travel are also witnessing an unprecedented growth due to strong government support and internet penetration. Keeping these in view, the study, “China Tourism Sector New Opportunities”, anticipates that the East Asian country will see a remarkable growth in the industry with the emergence of trends like red and wine tourisms.
Research Analysis and Highlights
Highlighting the fact that there has been a tremendous increase in inbound, outbound, and domestic tourists in the past few years, the 86-page reportprovides an in-depth research and rational analysis of the current status and expected position of the tourism industry in China. It not only thoroughly examines the prominent emerging trends and drivers, which are fueling growth, but also covers major segments, such as inbound tourism, outbound tourism and domestic tourism. Detailed information and statistics on online tourism are also part of the comprehensive study, which aims at giving vital data to clients to help them understand the market dynamics and get an insight of the industry at micro level. It presents segment-level analysis of the industry along with future trends which may shape up with the betterment of economic conditions.
Some of the key findings of the report are:
- Online tourism gaining popularity in China
- Outbound tourism helping China to mark global presence
- Domestic tourism market to give boost to industry
- Growing prospects of wine tourism in China
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