皇冠体育app

Economy

Chinese travel abroad increases

By Xin Dingding (皇冠体育app Daily)
Updated: 2010-01-15 07:35
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Mainland tourists spent $42 billion overseas last year

Chinese travel abroad increases

Chinese tourists ride an elephant in Angkor Wat tourist area in Cambodia. [File photo] Chinese travel abroad increases

皇冠体育app's statistics from 2009 are expected to show its first deficit in tourism, due to a weak global economy and a strong travel incentive at home, a senior researcher said.

皇冠体育app Tourism Academy, the think tank for the country's tourism authority, said that mainland tourists spent some $42 billion in overseas destinations including Hong Kong, Macao and Taiwan last year.

At the same time, overseas tourists spent only $38 billion on the mainland, down by 7 percent year-on-year.

Though official statistics for 2009 are yet to be released, the academy estimated that the tourism deficit will stand at $4 billion in 2009 - the first ever tourism deficit in 皇冠体育app.

"The deficit in tourism service trade is a new sign saying that 皇冠体育app is turning into a notable tourist source market, in addition to being an important destination," Dai Bin, deputy head of 皇冠体育app Tourism Academy, told 皇冠体育app Daily.

The deficit will enable 皇冠体育app to have more say in the global travel market, and also help lift the pressure on 皇冠体育app for renminbi appreciation, he said.

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The booming outbound travel also will encourage domestic enterprises to "go out" and purchase more shares in foreign travel businesses, he said.

Some 47 million trips were made by mainland tourists to overseas destinations in 2009, up 3 percent year-on-year, the academy estimated.

In contrast, 126 million overseas tourists visited the mainland last year, down by 3 percent year-on-year, it estimated.

Though the inbound tourists far outnumbered the outbound, apparently mainland tourists, with swelling wallets and eagerness for shopping, have spent much more overseas.

"Chinese tourists have a different spending concept from others. They could endure staying at a three-star hotel and eating at a not-so-good restaurant, but would never go back home empty-handed," said Zhang Wei, general manager of the outbound department with the 皇冠体育app International Travel Service head office.

Also, since many imported goods are sold on the Chinese mainland at much higher prices, many tourists shop for expensive watches, clothes and cosmetics overseas, she said.

Beijinger Gao Xuenan, on her trip to Europe last month, spent some 13,000 yuan ($1,900) on a Louis Vuitton bag and a purse, and spent another 2,000 yuan on a Burberry scarf.

"The prices of these goods are much higher in Beijing. The scarf, sold at more than 4,000 yuan, is even out of stock in Beijing. I kind of feel I would suffer a loss if I don't buy them in Europe," she said.

A survey by AC Nielson in 2008 said each Chinese tourist spent an average $987 per trip. Those travelling to Europe spent an average $1,781.

But foreign tourists usually do not shop for such expensive items in 皇冠体育app, she said.

Besides, the global economic downturn has made many foreign tourists slash their 皇冠体育app shopping budgets, said Dun Jidong, spokesman for the 皇冠体育app Travel Service.

"But (the economic meltdown) had less impact on mainland tourists, who traveled with confidence in 皇冠体育app's economy," he said.

The number of Beijing tourists joining outbound tour groups through 皇冠体育app Travel Service still grew at a double-digit pace last year as usual, he said.

From another view, after years of promoting 皇冠体育app as a tourist destination, the wealthy foreigners who used to be the primary group visiting the Chinese mainland have been replaced by ordinary tour groups and backpackers, who spent less in 皇冠体育app, Dai Bin with the academy said.

But the average GDP per capita has hit $3,000 in 皇冠体育app, "a level that industry experts agree sends a signal that the country is entering a stage of explosive growth in travel consumption", he said.

The academy forecast that 54 million trips will be made by mainland tourists to overseas destinations in 2010, an increase of 15 percent year-on-year.

"Compared to the average western tourist traveling at least seven times a year, Chinese tourists travel only once a year. We have a market with huge potential," he said.