China ranks 16th in the ranking of receptive tourism in Argentina, with an average cost per stay per person of US$1,860 and an average daily cost of US$122.
On his last day of activities in the city of Beijingthe Minister of Economy, Sergio Massaexhibited in the Investment and Tourism Business Forumwhere he presented the opportunities of trade, investment and tourism in Argentina. The Forum was attended by the main China Tourism Agencies.
In this framework, the owner of the Treasury Palace stressed that more and more Chinese tourists choose Argentina from their natural destinations and the possibility of payments in your local currency thanks to the promotion of direct exchange of yuan. This phenomenon leads to a positive impact in it foreign exchange earnings for the country since currently China It’s one of the main emitters of tourists in the world and one of the most spenders.
During his presentation, the Minister of Economy was accompanied by the Argentine Ambassador to China, Sabino Vaca Narvaja; the Minister of Transport, Diego Giuliano; the Secretary of Agriculture, Livestock and Fisheries, Juan Jose Bahillo; and the president of YPF, Pablo Gonzalez.
In addition, they participated in the Forum, China Energy Engineering Corporation Limited International Company (CEEC); China Gezhouba Group International Engineering CO., LTD; Powerchina; China Railway Construction Corporation (International) Limited (CRCC); China Electric Power Equipment and Technology Co., Ltd. (CET); ZTE Corporation; DIDI; Xiaomi; China Machinery Engineering Corporation (CMEC); Tibet Summit Resources Co., Ltd.; China Railway International Group (CREC); HUAWEI Technologies Co., Ltd; CNC China Zhongyuan Engineering Corp. (CZEC); chery; Shandong Gold Group; Jinyuan; NORINCO; CNTIC; CITIC Construction; CRRC Sifang; CCCC; Great Wall; CETC; Zijin; ganfeng; tsingshan; Zangge; Tianqi; Hanak; SPIC; CATIC; OPPO; PHOTON; Goldwind; JAC; JD (SECOM); Colome (SECOM); Catena Zapata (SECOM) CyD; CYDS; UTour; Qunar; and CTRIP.
More tourism, more foreign exchange
The development of Chinese tourism in Argentina It’s one of the strategic vectors to resolve foreign exchange incomeand through these incentives the country could go from receiving an average of 70,000 tourists a year to almost 500,000, which would imply a strong inflow of foreign currency due to the spending made on average by visitors from the Asian country. On the May 1 weekend alone, some 274 million people went on sightseeing trips in China.
These data represent a huge growth compared to previous years and reflect the enormous potentialities of a sector that grows every day and generates more jobs, economic growth and local development throughout our country.
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According to data from Tourist Information System of Argentina, during the year 2022, 7.4 million foreign tourists entered Argentina. Meanwhile, China ranks 16th in the ranking of receptive tourism in Argentina (same position as in 2018) with a total of almost 76 thousand arrivals (+6.2% yoy) in 2019, with an average cost per stay per person of u$s1.860 and an average daily expenditure of $122.
Announcement of improvements in connectivity with China
During his presentation, Massa anticipated that work is being done so that this year the first direct flight to Chinainitially with shared code, which will reduce the flight by 10 hours and will improve connectivity between both countries. He also explained that they are making progress in the sense of facilitate the granting of visassearching reduce the process to a week. In addition, it will be allowed to use in Argentina the most popular electronic payment methods in China.
Likewise, the Minister remarked that Argentina is he first South American country authorized by China to receive its tourists within the framework of a pilot program that he presented to relaunch the global tourism.
Source: Ambito
