Economy

Markets

Industries

Insights

Reports

Events

Tourism revenues hit 1.1 trillion yuan in 2007

By Zhao Tingting (chinadaily.com.cn)
Updated: 2008-09-17 16:55

The Chinese tourism sector collected 1.1 trillion yuan ($160.62 billion) in 2007; up 22.6 percent year-on-year, said the National Tourism Administration on Tuesday.

According to the administration's statistics, inbound tourists and international tourism revenue totaled 131.87 million and $41.92 billion last year, up 5.5 percent and 23.5 percent over the previous year, respectively.

China still received most inbound tourists from Asian countries, accounting for 61.5 percent of the total and up 18.2 percent from the previous year. The majority of tourists to China still come from South Korea.

Domestic tourists surpassed 1.61 billion in 2007, up 15.5 percent year-on-year, with domestic tourism revenue reaching 777.06 billion yuan, up 24.7 percent from the previous year.

Chinese outbound tourists reached 40.95 million during the last year.

By the end of 2007, China had 13,583 star-rated hotels and 18,943 registered travel agencies, 832 and 986 more than that at the end of 2006, respectively.