NYC has become the top US travel destination for Chinese travelers – four out of every 10 Chinese visitors to the USA visited New York City in 2014.
Ctrip is joining hands with Huiyu Asset Management and Singapore-based F&H Group to form a fund management platform, Xieling Investment.
Mr. Wang said that Wanda Group’s revenue target for the second half of this year was RMB167.12 billion with RMB390 million of it profit attributable to owners .
Disney Chairman and CEO Bob Iger revealed showcased key highlights of attractions, entertainment, dining and hotels at the Shanghai Expo Centre.
Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
Australian will launch a 48-hour express visa application service for AUD$1,000 on a trial basis in 2016 and Chinese language service will also be provided.
The full impact of the visit pass policy change remains to be seen as independent visitors from China are still traveling on multiple-entry visit pass.
