2012-09-27 09:33:28 - On the back of increasing income levels and supporting government policies, the Chinese domestic tourism market is expected to grow at a CAGR of 11% during 2012-2014, says RNCOS.
Over the past few years, Chinese tourism industry has been growing at a phenomenal pace. With rising purchasing power, rapid economic liberalization, and favorable government policies, the industry has witnessed significant rise in influx of tourists, particularly domestic tourists. Rise in promotional activities by various municipalities across China has also fueled growth in the domestic tourism market. Presently, authorities are investing money to develop the cultural sight of the country that will further attract several tourists from various locations.
Apart from sightseeing, the tourism industry in China has also diversified to leisure vacation, industry technology, and agricultural ecology, which have emerged as the strongest revenue earning segments providing an impetus to the development of domestic tourism. The development of transport infrastructure
in the country is also among the major reasons for rapid growth in the country’s domestic tourism. Further, the government is investing huge money for the development of domestic transport infrastructure, which will fuel future growth in the sector. According to a report by RNCOS, domestic tourism in China is anticipated to surge at a CAGR of over 11% during 2012-2014.
The report, “China Tourism Sector New Opportunities”, provides an extensive research and in-depth analysis of the current status and future prospects of the Chinese tourism industry. An insight into the prevailing market trends and tourism-related industries covered in the report clearly depicts a comprehensible picture of the market structure. The study also facilitates forecasts on the key areas during 2012-2014. Due consideration has also been given to the competitive landscape to enable clients understand the market structure and future growth prospects. This way, the report provides most comprehensive and analytical view of the Chinese tourism market that helps clients to frame their investment decision accordingly.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM367.htm
Some of our Related Reports are:
- Booming Tourism Sector in Vietnam (http://www.rncos.com/Report/IM456.htm)
- Egypt Tourism Sector Analysis (http://www.rncos.com/Report/IM538.htm)
- China Tourism Industry Forecast to 2012 (http://www.rncos.com/Report/IM220.htm)
- Indian Tourism Industry Analysis (http://www.rncos.com/Report/IM115.htm)
- Vietnam Tourism Industry Forecast to 2012 (http://www.rncos.com/Report/IM003.htm)
Check Related REPORTS on: http://www.rncos.com/Tourism-Industry.htm
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.