ΔΙΕΘΝΗΣ ΕΛΛΗΝΙΚΗ ΗΛΕΚΤΡΟΝΙΚΗ ΕΦΗΜΕΡΙΔΑ ΠΟΙΚΙΛΗΣ ΥΛΗΣ - ΕΔΡΑ: ΑΘΗΝΑ

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(Αν θέλεις να σε επαινούν, μάθε πρώτα να λες καλά λόγια, και αφού μάθεις να λες καλά λόγια, να κάνεις καλές πράξεις, και τότε θα ακούς καλά λόγια για εσένα).

Δευτέρα 12 Νοεμβρίου 2018

China Tourism Boom – A Dynamic Force for Capital Transfer to Africa










Αποτέλεσμα εικόνας για China Tourism Boom – A Dynamic Force for Capital Transfer to Africa


The People’s Republic of China travellers, based on the US World Tourism Organisation (UNWTO), will be the world’s top tourism spenders, accounted for nearly $260 billion in 2017 alone. That is in conjunction with phenomenal growth in Chinese outbound tourism globally.
A growing section of that spend is going on in Africa now, reinvigorated by relaxed visa rules, increased fascination with the continent’s cultural and historical sites, and initiatives that seek to interest Chinese tourists. Countries in Southern Africa, experienced a significant upsurge in Chinese tourists which is in conjunction with new visa regimes. For instance, Zimbabwe upgraded visa category for Chinese tourist from Category C (Visa before travel) to Category B (Visa on arrival) for Chinese tourists. African destinations, therefore, stand to reap the benefits of better jobs to be made up of booming Chinese outbound tourism, and an open policy toward developing better cultural exchanges is essential in this respect if Africa would be to tap from the Chinese travellers that are now popular by many regions all over the world. It really is projected that the People’s Republic of China outbound tourism will continue steadily to surge before other source markets and is predicted to attain the 200+ mark by 2020, projected to take into account near 322 billion in cumulative expenditure.
Indeed, with China’s booming economy, its middle income expected and growing to attain about 400 million by 2020. The true amount of yuan billionaires on the Chinese mainland could reach 110,000 by 2020, in accordance with a written report published by the Hurun Research Institute. These development buoyed by rapid economic growth means a rise in Chinese people and high spenders affording long stay travel and high spending in destinations. Essentially, outbound travel from China is predicted to attain 154 million trips globally at the ultimate end of 2018 – which is 6.3% increase from 2017 in line with the China Outbound Tourism Research Institute (COTRI) Report. Impressively, typically 2.8% of the travellers, is reported they will be making their solution to Africa which would see 4.31million tourists bringing flights, accommodation, ground transport, retail, the meals industry along with other travel value chains in the power stream much to the advantage of African economies.
While Asia, Europe and the Americas take the biggest share of Chinese outbound tourism still, Africa is becoming a stylish destination aswell recently, and the real amount of visits to the continent from China reflects this new trend. The degrees of confidence in the African market keeps growing which is supported also by cordial socio-economic and political cooperation that’s enjoyed between China and Africa. Currently, Morocco, South Africa, Madagascar and Namibia are believed top destinations in the continent for Chinese tourists now. It really is expected with an increase of support towards Zimbabwe&rsquo also;s Ministry of Environment, Hospitality and tourism Industry and treasury being generous because of its budgetary support towards the Zimbabwe tourism Authority, the national country stands to also grow its Chinese tourist numbers and reap the benefits of that growing market. There is absolutely no doubt that Zimbabwe, like other African destinations, remains important and appealing to the Chinese outbound tourism fundamentally.
Notably, the higher fascination with Africa among Chinese tourists is because of a shift in strategy by African nations partly, alongside support from Chinese political policymakers and leadership. African countries are suffering from national strategies targeting Chinese tourists’ spending power, along with Chinese capital, tourism know-how and logistical strength. Showing its knowing of the significance of Chinese tourism, many African countries such as for example Morocco made a decision to grant visa waiver for the Chinese visitors in 2016, so when mentioned previously, Zimbabwe and many more, have upgraded the People’s Republic of China visitors from Visa Category C (Visa before travel) to Category B (Visa on arrival). The move consequently, results in high arrivals from spending and China which benefits African economies.
The other important development identified by China Outbound Tourism Research Institute (COTRI) may be the proven fact that Chinese tourists seek five things in a travel destination: the wonder and uniqueness of the continent rated (56%), safety (47%), simple group visa procedures (45%), friendliness of locals to tourists (35%) and affordability (34%). That is particularly relevant for Zimbabwe along with other African markets and these explain the way the tourism industry would have to organize itself and tap optimally from the Chinese market. It highlighted that easier visas in North and East Africa also, in conjunction with improved tailor-made product offerings are driving the growth of Chinese tourist arrivals in those regions. In Southern Africa, Namibia is performing while Kenya and Tanzania were named because the &lsquo incredibly;hottest up-and-coming African destinations for the China market’ by COTRI.
As spending by the China market increases globally, high-net-worth folks are reported to be leaning toward adventure travel, exciting locations with pristine fauna and flora and – very promisingly, for photography equipment – there’s growing keenness to explore less-well-known African destinations. The trend regarding spending represent free capital transfer generally, and when the continent leverages this type of voluntary and affirmative support by the Chinese market, you can find huge opportunities for tourism to transform Africa with regard to GDP contribution and employment creation to support the demographically young population. Most are lost because they make an effort to cross the MEDITERRANEAN AND BEYOND to Europe where many seek jobs in the tourism and hospitality industry. Africa’s Agenda 2063 highlights the significance of tourism development which is area of the treatment for curb out migration of the continent’s key population and keep them in the continent for development. Thus, there’s logic in harnessing the Chinese market and benefit from it to build up tourism in Africa. Additionally, favourable product and investments development policies ought to be enacted, land availed to put on infrastructure that captures the Chinese market also. This will make sure that the surroundings and product taste comply with the forex market. Fortunately, at the political-administration levels, there’s growing goodwill and cooperation, hence the private sector between Africa and China must follow suit and support high-level cooperation for the development of tourism and therefore, both communities.