According to the 14th five year plan for tourism development issued by the State Council, by 2025, China’s tourism will flourish and inbound and outbound tourism will be promoted in an orderly manner. On the premise of ensuring epidemic prevention safety, inbound tourism promotion actions will be launched in due time.
Earlier, Dai bin, President of China Tourism Research Institute, said that it is expected that the number of Chinese tourists will reach 3.980 billion in 2022, and China’s tourism revenue will reach 3.81 trillion yuan, with a year-on-year increase of 19% and 27% respectively, returning to nearly 70% of the level in the same period in 2019. It is estimated that the number of inbound and outbound tourists will increase by 20% year-on-year in 2022 and return to about 25% in 2019. In the long run, the epidemic forced the industry to reshuffle and reduce supply. After the epidemic was basically controlled, the prosperity of the industry is expected to accelerate under the action of demand recovery.
According to the theme database of financial Associated Press, among the relevant listed companies:
Spring Airlines Co.Ltd(601021) is positioned in the low-cost aviation business model. It is one of the largest private airlines in China, such as flying routes, passenger trips and passenger turnover. At the same time, it is also a leading low-cost airline in Northeast Asia.
Caissa Tosun Development Co.Ltd(000796) has more than 20000 self-developed tourism products serving different groups.
