Industry Analysis

Analysis on Theme Park Industry in China

In recent years, China has witnessed a rapid growth in tourism. As post-80 and post-90 generations become the mainstay of customers, family tours, especially those of young post-80 generation families have taken up the majority of the market. China ranks the first in the world in the number of visitors and in the amount of consumption both home and abroad. When GDP per capita in a country or a region reaches USD 5,000, a tourism resort economy matures naturally. In 2015, a GDP per capita over USD 7,000 stimulated the…

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