What Is the Relationship Between Tourism and Economic Development?

The tourism economy is based on the premise of tourism activities, is based on the commodity economy, and relies on modern science and technology to reflect the various economic activities in the process of tourism activities in which economic interaction between tourists and tourism operators occurs in accordance with various interests. The sum of activities and economic relations.

Tourism economy

(Economy type)

Tourism Economy is caused by the tourist activities of tourists.
The development of tourism economy should focus on improving the quality and level of services. After China s economic development and living standards have improved at this stage, the quality and level of services in the tourism market must be improved accordingly to achieve rapid growth in the tourism industry, and this improvement is not easy to achieve. All links are regulated and managed. In the cultivation and construction of the tourism market,
New York, USA has countless museums, attractions, restaurants, hotels, theaters, entertainment venues and shopping malls. This makes New York's tourism industry enduring, and even if the economy is in a downturn, it cannot shake New York's status as the world's most sought-after city for tourists.
Among them, the devastating attack on the famous World Trade Center in New York by the terrorists of 9/11 in 2001 was a direct attack on New York City. This attack caused two years in the United States.
With the development of society, the tourism industry has become one of the strongest and largest industries in the global economy. The industrial status and economic role of tourism in the development of urban economy have gradually strengthened. The pulling effect of tourism on the urban economy, the driving force of social employment, and the promotion of culture and the environment have become increasingly apparent. Tourism is one of the pillar industries of China's economic development.
Sichuan Leshan Giant Buddha Tourism Area
As an emerging industry of the national economy, China's tourism industry has clarified the basic guidelines for development and construction in the early stages of development. On the one hand, it insists on opening up to the outside world and widely attracts funds from all walks of life at home and abroad; on the other hand, it makes full use of social resources to encourage national, collective and individual investment in the construction of tourism projects. This open investment policy has promoted the vitality of China's tourism investment market and improved tourism reception capacity, creating conditions for the prosperity and development of the tourism industry. Although there are still many problems and obstacles in the development of China's tourism industry, especially the low degree of marketization of the tourism management system and investment mechanism, in general, the investment environment of China's tourism industry is continuously optimizing.
In the next 10 years, China's tourism industry will maintain an average annual growth rate of 10.4%, of which personal tourism consumption will grow at an average annual rate of 9.8%, and corporate / government tourism will grow at a rate of 10.9%. By 2020, China will become The world's largest tourist destination and the fourth largest source exporter. By 2010, the proportion of China's total tourism revenue to GDP will reach 8% from 5.44% in 2002. Therefore, as one of the six emerging consumer hotspots, the tourism industry will have significant investment opportunities in the next few years.

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