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In 2015, 109 million Chinese tourists spent 229 billion USD overseas. Analyses of the Chinese market show that in terms of both numbers of travels and money spend during those trips, China is positioned ad one of the top. From Hong Kong to the world One of the favorite destinations for China’s outbound tourists has…
A recent report showed that the increasing number of Chinese outbound tourists will spend for over $255 billion abroad by 2025 Chinese tourists to conquer to world Over the next decade, Chinese outbound tourism is expected to remain the largest travelling force around the world, totaling about $255 billion spent abroad. Oxford Economics carried out…
Food & Beverage business in China In the 20th Food and Beverage Industry Meeting at IESE on May 26 2016, China became the most attractive market for food and beverage companies. Chinese tourists love to try local when when they travel F&B in China, is one of the leading sectors for commerce in China. Whether…
According to the Ministry of Commerce, Chinese tourists spended up to 1.2 trillion yuan ($183 billion) on shopping abroad last year ; mostly on luxury goods. The Fortunate Character Research Center evaluats the Chinese overseas consumption of luxury goods of 46% of the global purchases, namely $116.8 billion and at least $91 billion was spent…
France: the new Eldorado of Chinese people All the largest French tourism firms are turning to China Huge Chinese investments in the tourism The French tourism industry appeal to Chinese investors as the Hexagon is one of the world leaders in this sector. Club Med, Air France, Compagnie des Alpes, Accor or again Pierre…
New Zealand has been increasing in popularity among Chinese tourists. According to the official New Zealand Tourism website, in 2015, New Zealand attracted more than 350,000 visitors. The number of tourists increased by 34% in 2015 in comparison to 2014. They are also staying longer compared the previous year with an increase of around 70% of…
Asia will grasp most of the Chinese outbound tourists The Pacific part of Asia will remain a first choice destination for the upcoming Chinese outbound tourists increase, the market is believed to grow by 17% in 2007 according to analysis from Euromonitor International. Top 7 destinations for Chinese tourists Thanks to an overall income rise…
India’s real estate : the new El Dorado for Chinese Investors ? India has become the favourite country for realtors allowing of 100 per cent foreign direct investment (FDI) into the real estate industry. A lot of projects in the industrial parks interest global investors and institutions who are taking note of the changing…
The most popular foreign products in China Greater access to imported products Chinese buy many imported products for several reasons. With the democratization of the means of access to imported products, imported products consumed by China is increasing rapidly. Since the launch of Global Tmall by the Alibaba Group, the Chinese consumers have direct access…