China Set To Become World’s 3rd Biggest Travel Destination

PATA (CHINA)--On 23 May 2007, Pacific and Asia Travel Association reports China is likely to replace the United States as the world’s third most popular tourism destination in 2008, an official of the United Nations World Tourism Organization (UNWTO) has said. Currently China ranks fourth among popular tourism destinations, after France, Spain and the United States. In 2006, China accounted for 5.8% of the global tourism market, a growth of 0.3% compared with two years ago, according to China Daily. PATA estimates the cumulative public and private investment into China’s tourism industry will reach $170 billion in 2007. The Beijing Olympics is being widely seen as an unprecedented opportunity for China’s tourism industry.

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