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State Council Issues Tourism Investment and Consumption Guidelines

The General Office of the State Council recently issued Several Opinions on Further Promoting Tourism Investment and Consumption (see details in Chinese). The document calls for efforts to develop tourism equipment manufacturing, enrich and upgrade distinctive tourism products, and create room for the development of the manufacturing industry and trading markets.

The document proposes the following tasks: Implement the tourism infrastructure upgrade programme to improve the tourism consumption environment; implement the tourism investment promotion programme to open up new tourism consumption markets; implement the tourism consumption promotion programme to cultivate new consumption hotspots; implement the rural tourism upgrade programme to broaden the scope for tourism consumption; optimise vacation arrangements to stimulate demand for tourism consumption; and intensify reform and innovation to promote the sustained growth of tourism investment and consumption.

The document calls for actively promoting "Internet + tourism". Efforts are be made to promote the development of online tourism platform operators, integrate the resources, key factors and technologies of upstream, downstream and same-tier enterprises to form a new tourism sector ecosystem and promote "Internet + tourism" cross-industry integration. Regions that measure up to the requirements should accelerate the implementation of the policy of tourism shopping tax refund. Enterprises are encouraged to invest in, build and operate tourism projects through public-private partnership (PPP model).  

What merits attention is that the document encourages flexible work and rest arrangements.  Where conditions permit, local authorities and employing units may optimise and adjust their work and rest arrangements in the light of their actual conditions and in accordance with the law to create favourable conditions for employees to have extended weekends starting on a Friday afternoon.

Content provided by Picture: HKTDC Research
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