The Implications of RMB Exchange Rate Changes on China’s Tour Industry Foreign Exchange Income

Peizhi Wang ()
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Peizhi Wang: Nanchang hangkong University, School of International Education

A chapter in Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023), 2023, pp 31-36 from Springer

Abstract: Abstract The relationship between exchange rate fluctuations and economic development has always been a hot topic for scholars from all walks of life. Tourism is equivalent to developing a new engine of communism. Studying the result of changes in the value of the renminbi against foreign currencies on tour industry development is irreplaceable at present. This paper mainly studies the development strategies of China’s tour industry under the influence of RMB exchange rate fluctuations, so as to provide some reference for making tour industry development decisions in the future.

Keywords: Tour industry; Exchange rate; Depreciation of the RMB (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-224-8_5

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DOI: 10.2991/978-94-6463-224-8_5

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