Released on = November 2, 2006, 8:54 pm

Press Release Author = RNCOS

Industry = Transportation & Logistics

Press Release Summary = With an increase in the number of overseas destinations
opening for Chinese tourists and growing disposable income, outbound travel is
increasing in China like never before.

Press Release Body = Outbound travel has been growing rapidly in China for the past
so many years. In the initial ten months of the year 2005, number of outbound trips
made by Chinese citizens was 25.76 million. While it was 16.58 million in the first
half of the year 2006, 7.5 percent above as compared to the same period last year
(2005).

According to the World Tourism Organization prediction, by the year 2020, China
shall become 4th largest source of outbound tourists in the world. Above, 100
million Chinese people travel abroad each year.

Chinese tourists are special not only for their number, but also for their lavish
style of spending. As per Goldman Sachs, an investment banking & management firm,
increased outbound travel by Chinese citizens and strong demand from China could
together add to around US$355 Billion to its estimate of luxury goods medium term
revenue growth of the industry.

RNCOS has recently published a report “China Tourism Industry: New
Opportunities for Growth (2007)”. According to this report, “By early
2006 a total of 115 countries allowed Chinese people to travel there in tour groups.
Thus, further boosting outbound tourism in the country.”

The report provides extensive research and objective analysis on the Tourism Sector
in China. It helps the clients to analyze the opportunities critical to the growth
of Tourism market in China. Detailed data and analysis will help clients to
comprehend the rapidly changing dynamics of the industry.

Key issues and facts analyzed in this report

- Rising trends in the Tourism sector in China.
- Future prospect of the Tourism market in China.
- Key players in this sector.
- Opportunities in this sector.
- Challenges before the industry.
- Factors influencing the growth of the tourism industry in China.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM072.htm
For more information about the report please visit www.rncos.com

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please visit our newly launched blog section at
http://www.rncos.com/Blog/automobile.html


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com