日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

US EUROPE AFRICA ASIA 中文
Opinion / Op-Ed Contributors

Growing middle class globe-trotters sign of great potential

By Zhu Qiwen (China Daily) Updated: 2016-01-21 08:15

Growing middle class globe-trotters sign of great potential

A stevedore works at Qingdao port in Shandong province, July 1, 2015. [Photo/IC]

For those who are bearish on the Chinese economy, they need to square their assumptions of dim growth prospects for the world's second-largest economy with the seemingly unstoppable rise of outbound Chinese tourists.

If China was really heading for a hard landing, it is more than likely that its people should have generally been feeling the pinch and, as a precaution, postponed, if not abandoned, their planned overseas tours.

But that is not what seems to be happening.

Although the Chinese economy grew by only 6.9 percent last year, the slowest pace in 25 years, Chinese travelers have defied the headwinds to make around 120 million outbound trips in 2015, up 12 percent from the year before.

With China the top source of tourists worldwide for the fourth consecutive year, after more than a decade of double-digit growth, it is fairly reasonable to take that number as an important barometer of the country's rising living standards. Although much faster, the continuous surge in the number of outbound tourists, up from 10 million in 2000, is definitely in line with the 50-percent jump in the average income level in China between 2010 and 2015.

And according to a Bank of America Merrill Lynch forecast, the number of outbound Chinese travelers is expected to rise to around 174 million by 2019, spending about $264 billion annually.

Such a forecast is not a sure bet even after Chinese travelers spent $164.8 billion overseas in 2014, a fourfold increase over 2008. There are simply too many uncertainties concerning economic growth and financial stability around the world nowadays.

But it reflects the still-growing enthusiasm of Chinese consumers to travel more and shop more elsewhere.

Chinese tourists' contribution to other economies has become more evident than ever. For example, China sent a record 4.99 million visitors to Japan in 2015, more than double the previous year's figure. These Chinese tourists not only spent about 80 billion yuan ($12.16 billion) during their visits, helping to boost the Japanese economy, they also encouraged the Japanese government to consider raising its target of boosting the number of annual visitors from 20 million to 30 million by 2020.

Of course, those with a pessimistic view can shrug off the bullishness signaled by Chinese globe-trotters as not significant enough to justify strong confidence in the 10-trillion-dollar Chinese economy that is struggling with overcapacity in industrial sectors and overstock in the property market amid long-term challenges like a rapidly aging population.

And they may point to favorable conditions such as increased disposable incomes, extended national holidays, relaxed visa restrictions and the rising value of the Chinese currency as reasons for a large part of this spectacular growth story of Chinese outbound tourists for the better part of the past decade.

Nevertheless, they cannot turn a blind eye to the simple but complex fact that more and more Chinese people are travelling overseas to join an army of consumers deemed as the world's largest and most favorable spenders in spite of the increasingly loud talk of a possible hard landing at home.

Thus, second thoughts on the underlying changes taking place in the Chinese economy seem more than needed.

During a recent chat with one of my friends who spent a weeklong family tour of Japan last year, I could not help expressing my puzzlement at the ostensible contradiction between China's record number of overseas tourists and the scary stories about its economic slowdown.

But he mentioned his family's plan to visit Singapore during the coming Chinese Spring Festival. "When you've started, you know, it is hard to stop."

The author is a senior writer with China Daily.

zhuqiwen@chinadaily.com.cn

Most Viewed Today's Top News
...
主站蜘蛛池模板: 涩色婷婷狠狠第四四房社区奇米 | 免费精品一区二区三区在线观看 | 久久夜夜 | 天天碰夜夜操 | 国产在线中文字幕 | asian极品呦女爱爱 | 亚洲视频国产精品 | 999精品视频 | 亚洲成人中文字幕 | 人人插人人草 | 欧美国产精品一区二区 | 狠狠综合久久 | 国产美女主播在线观看 | 成人网在线| 亚欧免费视频一区二区三区 | 国产成人在线视频 | 精品久久一区 | 99久久精品日本一区二区免费 | 久久国产视频网 | 快射视频欧美 | 久久99免费视频 | 欧美性生活视频 | 久久亚洲第一 | 天干夜天天夜天干天国产电影 | 久综合网| 亚洲欧美在线视频 | 澳门永久av免费网站 | t66y最新地址一地址二69 | 这里只有精品视频 | 成人黄视频在线观看 | 日韩中文字 | 黄色a视频| 最新国产视频 | 超级碰97| 天天操天天摸天天爽 | 精品在线一区二区三区 | 亚洲综合精品一区二区三区中文 | 欧美日韩国产一区二区三区 | 日韩成人在线观看视频 | 欧美国产激情二区三区 | 日韩中文字幕在线观看视频 |