Investments in Chinese tourism.

The tourism sector has been developing quite rapidly in recent years, mainly due to the popularization of active recreation.

The tourism market has enormous potential and is valued at hundreds of billions of dollars. It is no wonder that this industry has become a priority in many countries.

Recently, the Chinese government announced unprecedented investments in the tourism sector, with a total of up to $290 billion allocated to the tourism industry.

The financing program provides for a phased disbursement of funds, with the entire amount to be fully utilized by 2020.

The average annual investment will be around 100 billion dollars. This unprecedented infusion will undoubtedly boost the stock prices of companies involved in the tourism industry. The sum is quite impressive, and the influx of funds will provide a huge boost to the development of Chinese tourism.

What will develop and where can money be invested?

Hotel business – to accommodate a large number of tourists, new hotels are needed, and the old ones will earn more.

Construction - to implement the plan, new hotels, restaurants, spas and fitness complexes will be needed

Transport companies that specialize in passenger transportation – air, rail, bus transportation.

Restaurant business – organizing meals for tourist groups and individual tourists.

Advertising agencies – a significant portion of the allocated funds will go towards advertising holidays in China; creating a favorable image of the country is always of great importance in the tourism industry.
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