Discussing About The Appreciation Of The Renminbi And Development Of China's Tourism

Thinking about the development of the present situation of China's tourism, the article analyzes the status of the tourism industry in China's economic development, domestic and international tourism environment and situation of outbound tourism, inbound tourism and domestic tourism. Then the article analyzes impact of Japan's appreciation of the yen in 1980s on Japan's tourism and what measures the Japanese took and the development of tourism in South Korea. It provides some enlightenment for China from the development of their tourism industry. Immediately the article analyzes impact on various aspects of China's tourism because of China's RMB revaluation. In order to analyze the development of China's future tourism, the paper forecasts China's three major tourism markets using multiple regression analysis method. At last it analyzes the impact of the appreciation of the renminbi on tourism in our country, and how our government and tourism enterprises deal with the adverse effects because of the appreciation of the renminbi, how to promote the development of China's outbound tourism, inbound tourism and domestic tourism, make China's tourism industry develop balanced, and then enhance China's status of the tourism industry in the world. The article advances relevant policy recommendations and solutions at last.