China’s Tourism Boom Major Contributor to Industry

China’s Tourism Boom Major Contributor to Industry

China’s Tourism Boom Major Contributor to Industry

China’s tourism industry contributed greatly to global employment in Y 2015, a new report indicated.

The country’s tourism sector generated more than 25% of the jobs in the world’s tourism industry in Y 2015, according to a report released Friday by the Wuhan Branch of China Tourism Academy.

Hu Jing, head of the branch, said that China ranked first globally in the numbers of tourists travelling domestically, outbound tourists, domestic tourism consumption, outbound tourism consumption and employment.

According to the report, the number of China’s outbound tourists increased almost 10X from Y’s 2001 to 2015, reaching 128 million last year.

“The tourism boom is a result of a good environment for the industry in China, including favorable policies, the number of days with good air quality and better treatment of garbage,” Hu said.

The report has been published annually since Y 2011.

Have a terrific weekend.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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