China became world’s no.1 tourism consumption power

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The United Nations World Tourism Organization released a report yesterday which states that China has surpassed the United States and other countries in 2012 to become the world’s no.1 in term of international tourism consumption.

World Tourism Organization said that the Chinese people overseas tourism consumption in 2012 amounted to a record high $ 102 billion, an increase of 40% compared to that of 2011. At the same time the statement pointed out that in the past 10 years, the development of the international tourism market of China has been the world’s fastest, which thanks to the development of China’s urbanization, disposable income growth and the relaxation of international travel restrictions.

From 2000-2012, the number of Chinese tourists traveling overseas had increased from 10 million to 83 million, and its tourism spending grew by nearly eight times. Based on outbound tourism spending, China in 2005 was ranked seventh in the world. Thereafter, it surpassed Italy, Japan, France and the United Kingdom, and in 2012 China exceeded tGermany and the United States which had long-term occupy the top two to become the first in the world.

Rifai, Secretary-General of the World Tourism Organization, said that emerging economies are still leading the growth of world tourism demand, tourism consumption growth in China and Russia remarkably display the boom and growth of the middle class forces of the two countries, they are bound to bring impacts over the global travel and tourism.

In addition to China, several other emerging economies’ tourism is also revitalizing. Russian foreign tourist spending in 2012 reached $ 43 billion, an increase of 32% over the previous year, the fifth largest in the world. Brazil failed to squeeze into the top ten, but $ 22 billion in 12th with significant improvement compared to 29th in 2005.

In term of the developed countries, the United States and Germany outbound tourism spending grew by 6% and growth in Canada is 7%; the United Kingdom increased by 4%, and 3% in Japan. But there are also some developed countries that had overseas travel spending decline, such as France fell by 6% and a decrease of 1% in Italy.

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