World Travel & Tourism Council Report on China,
China Hong Kong SAR and China Macau SAR
|Beijing, PRC, 24 April 2006 - The World Travel & Tourism Council
(WTTC) presented today its brand new report on China, China Hong Kong SAR
and China Macau SAR: The Impact of Travel & Tourism on Jobs and the
Economy to China National Tourism Administration (CNTA) and Beijing Tourism
Authority (BTA) as well as over 100 representatives from the Travel &
Tourism and media community of Beijing.
Just three years after releasing its groundbreaking report on Travel & Tourism in China and Hong Kong SAR, WTTC has found it necessary to follow up that work and produce an update for one simple and compelling reason – within ten years China will become the second largest Travel & Tourism economy in the world.
The research contains economic projections for the growth of Travel & Tourism in China and a series of policy recommendations intended to maximize the potential of Travel & Tourism to the country's economy and tap its position as a leading catalyst for economic development and job creation.
At the launch in Beijing, WTTC President Jean-Claude Baumgarten said, “Although we would normally wait five or even ten years before returning to a country to update the report, it is clear that China’s Travel & Tourism industry is moving at the speed of light. The Members of WTTC asked us to return after just three years to update the TSA research and forecasts and follow up on the policy recommendations that were made in 2003 and provide even deeper analysis and policy discussion. We’re all running very fast to keep up with the changes that are taking place here, in Hong Kong and Macau and this new report is right in tune and right in time to add more food for thought and help focus our attention on the next round of issues that must be raised in order to keep Travel & Tourism in China growing.”
In China for 2006, WTTC is forecasting:
WTTC is the forum for business leaders in the Travel & Tourism industry.
With Chief Executives of some one hundred of the world's leading Travel
& Tourism companies as its Members, WTTC has a unique mandate and overview
on all matters related to Travel & Tourism.
About the China, Hong Kong and Macau Research
The WTTC Research for China, Hong Kong and Macau is the latest in a series of research produced by the World Travel & Tourism Council using standards developed by the United Nations Statistics Commission (called "Tourism Satellite Accounting") and a detailed independent policy assessment by leading Travel & Tourism analysts. Copies of WTTC's China Report can be downloaded from the WTTC web site, at www.WTTC.org .
|Also See:||Pent Up International Demand to Boost China, Hong Kong and Macau Tourism Industry in 2004 / March 2004|
|Tourism for Tomorrow Awards 2006 Showcases the World’s Leading Examples of Best Practice in Tourism Development / January 2006|