September 15 formally accepted the application of foreign capital
Data show that from 2003 the domestic travel to foreign investment and opening up, which lasted six only 30 foreign-funded travel agencies set up wholly foreign-owned travel agency in which 15 foreign-owned joint-venture travel agencies 8, the Chinese joint-venture travel agencies holding seven of its revenue in China only All international travel agency 2.63% of total foreign investment into the enthusiasm is not, this lowered the threshold for entry is to encourage foreign investment in China's travel service industry.
referring to foreign investors in China to set up shop again, greatly reduced the threshold, recently, the National Tourism Administration released the "start the establishment of foreign-invested travel agencies apply for a job announcement," pointed out that from 2009 September 15 date, the National Tourism Board officially accepted the establishment of foreign-invested travel agencies to apply.
Foreign revenue accounted for a lower social
In 2003, China's travel market opening to foreign investment, foreign capital can be set up in China by foreign-owned, foreign owned and joint-venture travel agencies, however, outbound and domestic travel and inbound tourism three large business, foreign investment only allowed to operate domestic travel and inbound not outbound travel.
It is this "protection" policy, foreign investors set up shop in China, the enthusiasm is not high. According to annual statistics released by Tourism Bureau, last year a total of almost 20000 travel agencies, in which the international community a total of about 2,000, while only 30 foreign-funded travel agencies.
Into China, besides opening when the disturbance caused by the short, these foreign-funded travel agencies will be like "go down the drain," as disappeared, according to statistics, 30 foreign-funded travel agencies, tourism revenues accounted for only 2.63% of total international community, the tourism industry gross rate was just 4.21%, less than 20000 travel agencies and the national average of 6.93% gross margins.
"Foreign travel agencies the advantage of outbound travel," Guangdong Institute of Finance, Department of Business Administration Professor Liu Wei said, "while the outbound travel market policies for foreign investment community is difficult to deployed, can only make ends meet."
The registered capital had fallen more than 10 times the
In order to encourage more foreign investment to enter the domestic travel industry, recently, the National Tourism Administration issued a "travel agencies on the establishment of foreign investment to start apply for a job announcement," from September 15 onwards had officially accepted the establishment of foreign-funded agency to apply, the most noteworthy is that the registered capital of foreign investors to set up shop from the original 4 million yuan to 30 yuan, the standard reduces more than 10 times, basically realized the "national treatment."
Yesterday, contact the department's and learned that there are no immediate large-scale foreign-funded consortium intends to use the opportunity to enter, an official said: "Guangdong tourism market too much competition, foreign investment you want to come in, pay the cost and effort to be more, so in the short term there will be no interest of foreign investors in the Guangdong market. "tourism market for foreign investment in Guangdong, many local travel agents said there is no fear of heart.
