The Comprehensive Economic Contribution of China’s Tourism Trade Export

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DOI: 10.4236/me.2019.104074    751 Downloads   1,706 Views  Citations
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ABSTRACT

International tourism trade plays an important role in earning foreign exchange through export. At the same time, this industry has a clear and single source of income, which enables relevant industrial policies to play a more effective guiding role. Thoroughly understanding the important role of China’s tourism export to economic growth, can help formulate industrial policies with theoretical basis and practical pertinence. However, there is still a lack of relevant research. In order to fill this gap, the author uses input-output analysis to calculate the comprehensive economic contribution of China’s tourism export, and its internal structure is analyzed. The results show that in 2016, the export of tourism trade achieved a direct added value of 317.658 billion yuan, and the complete added value driven by industrial spreading effect reached 796.734 billion yuan, accounting for 1.07% of GDP, which affirmed the strong economic pulling role of tourism export. According to the internal structure of complete added value, this paper suggests industrial policy should give priorities to support the development of tourism merchandise manufacturing, accommodation and catering sectors, guiding inbound tourists to increase the consumption in the above three items, so as to optimize the income structure and improve the comprehensive economic benefits of tourism trade export.

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Liu, Y. and Li, W. (2019) The Comprehensive Economic Contribution of China’s Tourism Trade Export. Modern Economy, 10, 1095-1106. doi: 10.4236/me.2019.104074.

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