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Published on : Wednesday, July 22, 2015
According to a Russian news website, Russia expects to earn more revenue from big-spending Chinese tourists. Western sanctions devalued ruble which in turn helped Russia $1 billion from Chinese tourists in 2014.
According to a data from research firm GfK, the average amount spent by a Chinese tourist on one trip anywhere is nearly $2,400. This high spending is explained by citing the rising of the middle-income-class in China who pursue luxury jewelry and clothes instead of Russian dolls and souvenirs.
According to the World Tourism Cities Federation, Chinese tourists spend 57.8 percent of their tourism budgets shopping. The devalued ruble caused by western sanctions attracts many Chinese tourists to travel in Russia, because they can buy more in Russia than in China with the same amount of money.
The number of Chinese tourists has tripled since last year, according to the Russian government’s tourism agency Rosturizm. Chinese tourists accounted for 16% of all foreign tourists in Russia since the beginning of 2015.
Russia launched the “China Friendly” program in 2014 which seeks to create a comfortable environment for Chinese tourists by giving them language support, among other perks, with Chinese credit cards also accepted in Russia.