The benefits of foreign investment in tourism to both parties

The prospects of China’s tourism market are increasingly favored by domestic and foreign industries. This is why many internationally renowned hotel management groups bring large financial groups to negotiate the purchase of hotels in China. No wonder Wang Chaoyao, deputy director of the Planning, Development and Finance Department of the National Tourism Administration, attended the "Tourism and Opening-up Seminar" here and said that China's tourism industry is facing unprecedented historical development opportunities. It is also the best time for investors to invest in China’s tourism industry.

Overview of the development environment and investment situation of China's tourism industry, the positive factors for foreign investment in China's tourism industry can be seen in:

The current Chinese economy has entered a new growth period, and it is expected that Maintaining rapid growth will comprehensively improve the supply conditions of the tourism industry and the consumption environment of tourists, stimulate tourism consumption demand, and promote the development of the tourism industry.

China is stepping up its efforts to adjust its economic structure. Tourism has been identified as a leading industry for key development and has been granted many preferential policies. It will have a profound impact on the development of tourism.

Expanding domestic demand is a long-term strategy for China's economic development. The tourism economy represented by "holiday tourism" plays a prominent role in stimulating domestic demand. Therefore, the development of tourism will continue to be an important means to expand domestic demand.

The implementation of the Western Development Strategy has made the development of tourism relying on the unique resource advantages of the Western Region an important measure to accelerate the development of the Western Region.

China's accession to the WTO will provide new opportunities for China's tourism industry to accelerate its opening up and development. Beijing's successful bid for the Olympics will make the tourism industry a direct participant and one of the biggest beneficiaries of the Olympic economy.

Also, China's tourism industry continues to maintain a good development trend, and the implementation of the 1.3 billion tourism national debt project has further improved the basic environment for tourism investment.

So far, China's tourism industry has basically formed the world's largest potential tourism production capacity, and its supporting capabilities have gradually increased, its industrial quality has gradually improved, and its investment environment has reached a new level.

Obviously, China’s huge population base and stable economic development have given rise to huge potential for tourism development. China is full of expectations and confidence in this.

Deputy Director Wang Chaoyao said that attracting investment is the development direction of China's tourism industry. In the future, we will focus on introducing foreign investment to jointly create a better tomorrow.