Companies will benefit if they can understand the external macro-environment in which they function and will operate in the future. Coverage BMI Industry View This contains a synopsis of our forecasts, and any changes, together with an overview of key trends and developments in the tourism industry, and an assessment of the impact of various economic and national factors which might affect the sector.
E-commerce has changed how local consumers see shopping. However, there is still a group who wish to avoid the perceived risk associated with online shopping. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide an indices of highest to lowest appeal to investors, with each position explained.
For example, population growth and age distribution fluctuate. The labor cost in China is extremely low. Attaining strategic objectives of cost reduction Local differentiation The strengthening of core competencies in certain areas and business activities You are perhaps aware that China is a formal member of WTO.
China has little experience for drafting e-commerce legislation for topics like intellectual property rights protection and tax. One major factor which impacts China is the increasing awareness of environment protection.
Key Forecasts China 7. The growth rate is impressive, but it can slow down. Market Overview This contains a comprehensive overview of the tourism industry in the country, its overall value, the value of its hotels industry, trends in the hotels industry and any new developments.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles inc. Sigh rate of savings More export business Potential urban growth Any economic development could have a major impact on the SMEs and their actions.
Sources The Tourism Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.
The Market Overview also considers the tourism infrastructure developments in the country, in particular transport infrastructure projects such as ports and airports.
The main challenges for businesses in China are: Other risks include lack of stable and secure online payment systems. Moreover, the central bank is urging banks to lend less and impose limits on home purchases. BMI Industry Forecast Scenario Forecasts to end for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts: Taobao is the largest local e-commerce website, and many people spend a lot of their things from the site.
Target business opportunities and risks in the Chinese tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in China.
Some factors which might help are:BMI's China Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Chinese tourism industry.
Though the future of tourism in China seems to be promising, with the World Tourism Organization's vision of China as the world's top tourist destination by (“ WTO: China Will Become the Largest Travel Destination by WTO: China will become the largest travel destination by ().
1 SWOT analysis of China Strengths: 1) Accelerated economic growth, including GNP, export growth and comprehensive national strength.5/5(3).
What is a SWOT Analysis? It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something.
See WikiWealth's SWOT tutorial for help. Remember, vote up the most important comments.
SWOT stands for “Strengths, Weaknesses, Opportunities and Threats”. The first two: Strengths and Weaknesses are things that you control. The other two: Opportunities and Threats you cannot control but you should be aware of when sourcing from China.
SWOT analysis for Air China The airline industry has undergone significant restructuring in boosting the tourism industry and attracting more people to invest or Air China SWOT analysis To identify best practice and critical success.Download