Duty free stores in Sanya and Haikou have accumulated total sales of RMB13.474 billion in the past four years of a duty free policy.
The aviation services between China and the US carried a total of 6.13 million passengers/trips both ways in 2014.
Jin Jiang reported a 41.48% increase in revenue and 59.1% increase in net profit in Q1 y-o-y, at RMB909 million and RMB154 million respectively.
China Southern Airlines has announced it will stop its 1% agent commissions triggering speculation that the “zero commissions” era for air ticketing is imminent.
Songcheng Performing Arts will set up a wholly-owned subsidiary and use it to acquire certain assets of XHA Group to develop a tourism zone in Fuzhou.
Driver hire service Edaijia has raised US$100 million in its Series D financing, raising its estimated value to US$8,000 million.
Visitor spending in Japan in Q1 this year leapt 64.4% year on year to a total of 706.6 billion yen, achieving a record high for the fifth quarter in a row,
The Chinese market is expected to be able to accommodate at least 10 additional theme parks of similar scale to Disneyland in the next 25-30 years.
