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Temasek invests US$10 million in Jiqing high-speed rail line
02/27/2015|9:52:32 AM|
Singapore-based Temasek Holdings has confirmed its US$10 million investment in the Jiqing high-speed rail line that connects Taiyuan with Qingdao.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Chinese in their 30s a major force in outbound tourism spending
02/26/2015|10:21:46 AM|
Chinese travelers in their 30s are becoming the biggest spenders in outbound travel, powering China's global spending spree this Spring Festival.
Hong Kong and Macau tour operators to begin mainland operations in trial run
02/26/2015|9:53:52 AM|
Five Hong Kong and Macau sole-proprietorship tour operators will begin directly soliciting mainland customers for outbound tours in a pilot scheme starting March 1.
Construction of Hainan’s new Boao Airport set to begin in March
02/25/2015|3:59:23 PM|
Hainan provincial government confirmed in its 2015 work report that the construction of the new Boao Airport will start on schedule.
Spring Festival outbound traffic up 10%
02/25/2015|3:58:33 PM|
Outbound travel from China during the Spring Festival holidays from February 18 to 24 leapt 10% year on year totaling 5.182 million trips.
2014 online shopping and O2O trends for Chinese netizens
02/25/2015|10:23:03 AM|
Chinese consumers spend the most on travel products when shopping online, an average of RMB3,750 per year, according to a McKinsey report.
Chinese visitors to the US expected to leap 25% in 2015
02/25/2015|10:22:24 AM|
Chinese visitor arrivals to the USA are expected to grow by 25% to 30% this year, continuing the strong growth in 2014.
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