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Ctrip and China Tourism Academy publish joint report on China-Europe Tourism Market

Travel Data offers insight into the China-Europe Tourism Market VENICE, Italy, Jan. 22, 2018 /PRNewswire/ -- Ctrip, the largest online travel agent in China and the second largest in the world jointly released the "2017 China-Europe Tourism Market Data Report" alongside China Tourism Academy (CTA), a specialized institute under China National Tourism Administration (CNTA). The report was shared at the Venice Business Summit, the kick-off event of the 2018 China-Europe Tourism Year. Ever since the signing of the ADS agreement, tourism exchanges between China and Europe has seen consecutive growth. In 2017, Chinese citizens visiting Europe exceeded 6 million for the first time.46% are from Eastern China with Shanghai, Beijing, Guangzhou and Shenzhen being top departure cities. According to Ctrip's airline ticket sales data, Europe is the second most popular destination for Chinese outbound tourists after Asia. Europe also saw a year on year growth of 26.3%. While France, Italy, Spain and Germany remain top choices for Chinese travelers, countries such as Czech Republic, Finland, Iceland and Norway are also becoming increasingly popular. With strong preferences for self-coordinated and personalized tours, Chinese travellers are more willing to spend money on new and unique experiences. Females travel more than their male counterparts and 30 to 40 year olds are the main force of European tourism. With higher income and purchasing powers, this age group has the greatest demand for high-quality travel services and comfortable experiences. Ctrip's CEO of Destination Marketing Jenna Qian said, "Seizing the opportunity of the China-Europe Tourism Year, we look forward to more tourism cooperation and exchanges between China and Europe. With the largest user base and a deep understanding of Chinese travelers, we are able to provide European destinations and partners with the most effective marketing and product strategies and solutions, and as a result, better serve our users."   Mr Dai Bin, President of China Tourism Academy (CTA) added, "Tourism is changing the world. Tourism is changing China and Europe. Looking ahead, we firmly believe that goodwill, tolerance and patience, will remain the cornerstone of sustainable tourism development between China and Europe." About Ctrip.com International, Ltd. Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator of accommodations and transportation tickets in China in terms of transaction volume. Ctrip enables business and leisure travelers to make informed and cost-effective bookings by aggregating comprehensive travel related information and offering its services through an advanced transaction and service platform consisting of its mobile apps, Internet websites and centralized, toll-free, 24-hour customer service center. Ctrip also helps customers book vacation packages and guided tours. In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China. For further information, please contact: International PRCtrip.com International, ltd.Tel: (+86) 21 3406 4880 ext 196455Email: Pr@ctrip.com View original content:http://www.prnewswire.com/news-releases/ctrip-and-china-tourism-academy-publish-joint-report-on-china-europe-tourism-market-300585672.html

Fashion superstar Slimane to take over at Celine

Hedi Slimane, the designer who pioneered the skinny look at Dior and Saint Laurent, is to take over at Celine, the brand's owners said Sunday. The 49-year-old French-born creator is one of fashion's biggest and most enigmatic names, and his future has been surrounded by speculation since he walked away from Saint Laurent last year. The luxury giant LVMH, which owns Celine, has given Slimane complete control of the brand's images and creative side in order to sign him up - a concession which put him alongside Chanel's Karl Lagerfeld as one of the most powerful designers in fashion. He has also been given his head to create a menswear line at the label, which up until now only made clothes for women. Announcing the surprise appointment, Bernard Arnault, the owner of LVMH, said: "He is one of the most talented designers of our time." "Hedi will oversee and develop all creativity for both women's and men's fashion, but also for leather goods, accessories and fragrances," he added. "He will leverage his global vision and unique aesthetic virtuosity in further building an iconic French fashion house," he added. Lagerfeld, who famously shed 41 kilos (90 pounds) in order to squeeze into his Slimane's skinny jeans, was the first to cheer the news. "I am enchanted, what a great choice," he told Women's Wear Daily. "It will be great." Renowned photographer Like Lagerfeld, Slimane is a renowned photographer, and he has spent the last few years living in Los Angeles, where he had moved his studio at the end of his reign at Saint Laurent. The designer drew much of his inspiration from the LA rock, which he tirelessly documented with his photographs. AFP understands that he will continue to live in the city while he designs for Celine. "I am delighted to join Bernard Arnault in this all-embracing and fascinating mission for Celine," Slimane said. "I greatly look forward to returning to the exciting world of fashion and the dynamism of the ateliers." Slimane will be reunited with Sidney Toledano, one of fashion's most influential backroom figures, at Celine. The pair were a formidable team at Dior where Slimane was a huge trendsetter until his departure in 2012, designing for the late rock star David Bowie, with his skinny silhouette dominating men's style for nearly a decade. (AFP)

The Belt and Road

B&R adds 200,000 foreign jobs

China's outbound investment in economies participating in the Belt and Road Initiative climbed to some US$70 billion between 2014 and 2017, providing more than 200,000 jobs for local people, according to a former top government official. Zhang Xiaoqiang, former vice-­chairman of the National Development and Reform Commission, made the comments at a recent forum. He said the initiative also saw China's foreign trade with Belt & Road­-related economies hit more than $4 trillion between 2014 and 2017. In 2017 alone, the figure hit $1.1 trillion, accounting for 26.5 percent of the country's total. The Belt and Road Initiative, referring to the Silk Road Economic Belt and 21st Century Maritime Silk Road, was initiated by President Xi Jinping in 2013, to promote economic cooperation among economies along the proposed Belt and Road routes, and further open markets in a mutually beneficial manner. Speaking at the forum organized by the Guanghua School of Management at Peking University, former vice­-minister of foreign affairs He Yafei reiterated that he believes the initiative will surely succeed and make the world a better place to live because it represents the future. "The initiative helps to create a fairer and more just environment for people the world over to overcome the mounting difficulties facing globalization," he said. Singaporean Ambassador to China Stanley Loh encouraged all economies, including the United States, to join the initiative in their own manner. People should transform the Belt and Road Initiative from a China­-proposed project into a common project benefiting all, he said. Piriya Khempon, ambassador of Thailand to China, said the initiative will help Thailand and other developing countries to improve their infrastructure and well­-being, and help them overcome the middle-­income trap. "It is going to be a common concept for everyone to join," said Khempon. "The UN, people from the West, people from Africa and Asia, are all invited to come and express their ownership." Leonidas C. Rokanas, ambassador of Greece to China, said that now is the best time in Sino­-Greek relations. He added Greece will use its unique advantages in ancient civilization, geographic location and top brain power to better connect Greece, China and the rest of the world. "We are collaborating with China in green energy and telecommunication," Rokanas said, adding, "Going forward, there are a lot of sectors that are very promising for cooperation, such as the maritime sector." Jose Luis Bernal, Mexican ambassador to China, said that although the North American country is not a direct participant in the initiative because of geographical factors, it has been getting involved from the very beginning. "Now we are seeing more investments coming to different sectors, like infrastructures projects, energy and manufacturing," Bernal said. (CHINA DAILY)

2018-01-22

China-UK business leaders explore Belt and Road opportunities

‍China's Belt and Road Initiative has been a topic of much discussion among over 200 British and Chinese business leaders who attended the "UK-China Economic and Trade Forum" in London Thursday. The Belt and Road Initiative was one major focus area. But the big question is: How should the UK attract and manage Chinese trade and investment after Brexit? Lord Mayor of the City of London, Charles Bowman, speaks at the forum in the City of London’s Guildhall hosted by the China Chamber of Commerce in the UK. As the UK is set to leave the EU next year, it is seeking to forge new trade deals with the rest of the world. The Belt and Road Initiative may well have a major influence on the shape of post-Brexit Britain. During a visit to Beijing last year, Chancellor Philip Hammond stressed that the UK can be China's natural partner in delivering related infrastructure and supporting the necessary finances, design, and delivery. The forum was hosted by the China Chamber of Commerce in the UK, a prominent business association also known as CCCUK. "UK will continue to be very focused in terms of Belt and Road. This is why the UK institutions are very interested in the Belt and Road Initiative," said Jinny Yan, Chief China Economist at ICBC Standard Bank. "If they are successful in terms of engaging relevant initiatives and institutions, then this will boost the economic growth in the longer term. This is one of the key focus points of the UK government because it is in fact going to be a propeller of the growth of UK economy, particularly after Brexit." The forum is attended by around 200 British and Chinese government representatives and business leaders. The UK is already participating in the Belt and Road Initiative. The government announced it would provide funding of 25 billion pounds (34.65 billion US dollars) to support the initiative early this year, while former Prime Minister David Cameron will lead a 750-million-pound Belt and Road investment fund. "From a UK prospective, it is not only about seizing these quick wins. It is very important that later aspect as well, building relationship with China for longer term," said Gerard Lyons, former chief economic adviser to the mayor of London and chief economic strategist at Netwealth Investments. The forum features keynote speakers including Liu Xiaoming, China's ambassador to the UK. The UK is already participating in the Belt and Road Initiative. The government announced it would provide funding of 25 billion pounds (34.65 billion US dollars) to support the initiative early this year, while former Prime Minister David Cameron will lead a 750-million-pound Belt and Road investment fund. "From a UK prospective, it is not only about seizing these quick wins. It is very important that later aspect as well, building relationship with China for longer term," said Gerard Lyons, former chief economic adviser to the mayor of London and chief economic strategist at Netwealth Investments. (CGTN)

2018-01-20