Promoting the Integration of China’s Tourism Industry into the New Development Pattern with Dual Circulation

Xu Ziyan ()
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Xu Ziyan: Business School, University of Chinese Academy of Social Sciences, Beijing, China

China Finance and Economic Review, 2021, vol. 10, issue 4, 115-129

Abstract: Tourism is increasingly prominent for economic and social development, both as a strategic pillar industry of national economy and as a modern service industry that satisfies people’s aspirations for a better life. This paper probes into tourism development and opening up from the perspective of the new development pattern with dual circulation, which is of practical implications for the tourism development. Balancedly developing domestic and inbound and outbound tourism—accelerating domestic tourism, expanding inbound tourism, and regulating outbound tourism—is an important way for tourism integrating into the new development pattern. For this point, it is essential to fully play the decisive role of market mechanisms and better play the regulatory role of the government. Multiple measures should be taken for the rapid, high-quality and sustainable development of tourism and for the mutual promotion of domestic and international tourism, so as to lay the foundation for making China to be a world tourism power.

Keywords: new development pattern with dual circulation; tourism; domestic tourism; inbound and outbound tourism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:cferev:v:10:y:2021:i:4:p:115-129:n:6

DOI: 10.1515/cfer-2021-0025

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