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Govt outline promotes paid vacation, tourism (2)

By Chen Dujuan (Global Times)

08:18, February 19, 2013

Currently, Chinese people who wish to travel rely heavily on two week-long national holidays, one for National Day in October and the other for Spring Festival in January or February, resulting in a short supply of tourism resources during the holidays and low hotel occupancy rates in the off season.

The implementation of paid vacations could lead to an annual increase of 50 billion yuan ($8 billion), the Economic Herald newspaper reported Friday, citing leisure expert Zhang Lingguang.

During this year's Spring Festival holidays, which ended Friday, the country's tourism revenue increased 15.4 percent year-on-year to 117.1 billion yuan, according to data from the China National Tourism Administration.

However, it will take three to five years to see the effects of the outline because they rely on detailed follow-up policies carried out by the authorities of relevant industries, Hou said.

Leisure sectors, especially tourism, are a big part of consumption, which means the outline conforms to the strategic focus of promoting domestic demand, Hou noted.

China's leisure consumption, including that for tourism, culture, entertainment and sports, amounted to 2.86 trillion yuan in 2011, representing 15.53 percent of total household consumption or 6.05 percent of the year's GDP, according to an annual report released by the Chinese Academy of Social Sciences in July 2012.

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