Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


China encouraged to focus on visa facilitation

China encouraged to focus on visa facilitation to drive up International visitors

Travel & Tourism creates more jobs and contributes more to China's economy than industries including automotive manufacturing and banking

Improving visa access and visa processes for China is the key to opening the country's doors to more International visitors. That is according to the CEO and President of WTTC, David Scowsill, who is unveiling research today which underlines the significant role which Travel & Tourism is playing in driving China's economy.

Mr Scowsill says visa facilitation will help give China’s international tourism market a vital boost; "China's domestic market is strong, but it is not getting the growth in international visitors it could be. There is strong potential from emerging economies across Asia and renewed optimism from long haul markets this year. To capitalise on this, WTTC recommends that the Chinese Government continues to strengthen its policies and strategies which will bring people from all over the world for business and leisure visits. Increased visa facilitation would drive visitor numbers, tourism receipts and jobs".

WTTC is the global authority on the social and economic impact of the Travel & Tourism. WTTC’s 2013 Benchmarking research assesses the role which Travel & Tourism plays in comparison to other economic sectors. It shows that Travel & Tourism directly employs more people and contributes more to China's economy (9.3%) than car manufacturing (7.7%), education (7.1%), banking (6%), communication services (5.2%) and higher education (1.5%).

The Travel & Tourism Industry in China, in fact, directly employs more people than all of the sectors looked at in the study:

Travel & Tourism 22.7m
Financial Services 20.7m
Communication Services 10.8m
Banking 10.7m
Mining 10.3m
Education 8.9m
Chemicals Manufacturing 6.5m
Car manufacturing 5.3m
Higher Education 1.4m
The research also shows that other sectors in China benefit strongly from Travel & Tourism’s supply chain. For example, for every $1 million in spending on Travel & Tourism, the agricultural sector gains $150,000.

Mr Scowsill adds; "This latest research underlines the significant role which Travel & Tourism is playing in driving China's economy and the even greater potential it offers, if the right policies continue to be implemented. China has something for everyone including incredible sights like the 2500 year old Terracotta Army, the Great Wall of China, pulsating modern cities as well as beaches to relax on. WTTC would recommend that China looks to increase bilateral and visa-free agreements with its near neighbours and takes steps to digitise its visa processes. Every step it takes to open its borders to travellers will reap economic rewards and see many more international tourists coming to enjoy its cultural and historical delights".

- ENDS -

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>

BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>


BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Housing: More House Price Gains Expected

House price expectations remain high, with a net 56% of respondents expecting house prices will increase. Fears of higher interest rates are fading, consistent with the RBNZ’s signals this year. Affordability and a lack of houses for ... More>>

TDDA: State-Of-The-Art Drug Testing Laboratory To Open In Auckland

World leading drug testing agencies, The Drug Detection Agency (TDDA) and Omega Laboratories, open New Zealand laboratory More>>

Network: Bigpipe Launches Ultra-Fast Broadband Into Wellington

Bigpipe Launches Ultra-Fast Broadband into Wellington Naked broadband provider Bigpipe has extended its national reach, announcing today, the launch of its unlimited UFB offering into Wellington. The Spark Venture business is giving Wellingtonians the ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news