Chinese tourism takes off with high stakes

Published on : Monday, June 5, 2017

Chinese tourism takes offDirect air connectivity between China and Ireland is yet to take shape. Few months back, as reported in this column and confirmed in the Sunday Independent lately, rising of airline Hainan looks the most preferred choice.

Also, their stakes are very high undeniably. In a recent summit hosted by the OpenJaw Technologies, Dublin-headquartered travel tech company in the Mansion House was mentioned that more than 17,000 fresh new carriers will be delivered in the next 20 years – the bulk to Asia, primarily China.

234 million Chinese outbound tourists visit each year with a huge home market. Last year, incredibly, the Chinese used 50 times more mobile payments than the US which accounted €5.5 trillion in comparison to €110bn. To quote the attendees, “Mobile payments in China is ubiquitous. Even the beggars on the streets take mobile payments.” OpenJaw, which collaborates with airlines including Hainan, British Airways and Russia’s S7 in order to endorse e-retail on their websites, disclosed the probability for Irish tech in the vast Asian nation.

Dr Yue Xiaoyong, high-profile Chinese ambassador did a photoshoot across the event along with IDA chief Martin Shanahan, while Hainan’s Shen Jinping delivered an address on airline retailing. To quote him, “met the most senior officers of Hainan four weeks ago and we’re working hard on it. There’s a massive FDI opportunity and the Chinese are also the highest-spending tourists in the world”.

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