What impact will consumption upgrade have on the tourism industry?

1. The continuous upgrading of tourist consumption, accompanied by the growth of tourist flow in scenic spots, has become the core driving force for the long-term development of China’s tourism industry.

2. From the perspective of supply, China’s natural It has endowment advantages in terms of resources, but it lags behind in terms of business environment, facilities, and transportation. Consumption upgrades have great room for improvement in the business environment, facilities, and transportation.

3. Consumption upgrades have growth potential for the seasonal and age distribution of Chinese tourists.

4. Consumption upgrades are expected to continue the high fundamentals of China’s tourism industry, and domestic tourism will remain the cornerstone supporting the stable growth of China’s tourism industry