tourism and hong kong
The Individual Visit Scheme should be limited .To what extent do you agree with this view?
In 2003, The Individual Visit Scheme began, which allow year-round multiple entry visa arrangement for mainland visitors in selected cities. After the launch, the number of mainland visitors dramatically soared, from 8.5 million in 2003 to 22.7 million in 2010 (Fan & Yim, 2011).The various merits of the Individual Visit Scheme have been entirely debated. While some businessman welcome the scheme that likely enhance the economy in Hong Kong, normal citizens complain that mainland tourists handicap their daily lives and deteriorate the tension between Hong Kong and mainland.
A number of economists advocate the economic strength of The Individual Visit Scheme. Tourism is of utmost importance in Hong Kong since Tourism is one of the four pillar industries in Hong Kong along with financial services, trading and logistics, and professional services (Fan & Yim, 2011) and Tien (2013) remarked that tourism is only pillar industry in the city with sustained growth, being increased average percentage of 5.7% per year, compared to a 2.2% growth of the overall economy. In term of mainland sightseers, in 2010, the number of mainland visitors who arrived into Hong Kong hit over 20 million, accounting for 60 percent of all tourists, which is threefold Hong Kong’s population (Chan, 2011). Also, Mainland travelers are the biggest consumers. Mainland Tourist spent about HKD165 billion in 2010, which accounted for 69% of the total visitors spending in 2010.To be more surprise, Mainland tourists expended HKD7, 453 per person per trip in 2010, 10.8% above the average (Fan & Yim, 2011). Therefore, the Individual Visit Scheme is economically conducive to Hong Kong.
In addition to monetary advantage, a considerable amount of job opportunities can also be drawn. Socially, jobs most likely are vital to human as earning money for necessaries, such as food or water, is the basic physiological need
In 2003, The Individual Visit Scheme began, which allow year-round multiple entry visa arrangement for mainland visitors in selected cities. After the launch, the number of mainland visitors dramatically soared, from 8.5 million in 2003 to 22.7 million in 2010 (Fan & Yim, 2011).The various merits of the Individual Visit Scheme have been entirely debated. While some businessman welcome the scheme that likely enhance the economy in Hong Kong, normal citizens complain that mainland tourists handicap their daily lives and deteriorate the tension between Hong Kong and mainland.
A number of economists advocate the economic strength of The Individual Visit Scheme. Tourism is of utmost importance in Hong Kong since Tourism is one of the four pillar industries in Hong Kong along with financial services, trading and logistics, and professional services (Fan & Yim, 2011) and Tien (2013) remarked that tourism is only pillar industry in the city with sustained growth, being increased average percentage of 5.7% per year, compared to a 2.2% growth of the overall economy. In term of mainland sightseers, in 2010, the number of mainland visitors who arrived into Hong Kong hit over 20 million, accounting for 60 percent of all tourists, which is threefold Hong Kong’s population (Chan, 2011). Also, Mainland travelers are the biggest consumers. Mainland Tourist spent about HKD165 billion in 2010, which accounted for 69% of the total visitors spending in 2010.To be more surprise, Mainland tourists expended HKD7, 453 per person per trip in 2010, 10.8% above the average (Fan & Yim, 2011). Therefore, the Individual Visit Scheme is economically conducive to Hong Kong.
In addition to monetary advantage, a considerable amount of job opportunities can also be drawn. Socially, jobs most likely are vital to human as earning money for necessaries, such as food or water, is the basic physiological need
References: South China Morning Post. (2013). Hong Kong should welcome mainland Chinese tourists. . Retrieved from http://www.scmp.com/comment/insight-opinion/article/1287984/hong-kong-should-welcome-mainland-chinese-tourists South China Morning Post. (2014). Hong Kong must have zero tolerance for anti-mainlander hate campaigns. Retrieved from http://www.scmp.com/comment/insight-opinion/article/1441654/hong-kong-must-have-zero-tolerance-anti-mainlander-hate South China Morning Post. (2012). Tempers flare over snacking tourist on MTR. Retrieved from http://www.scmp.com/article/990603/tempers-flare-over-snacking-tourist-mtr?login=1 The Nielsen Company.(2011). Mainland Tourists Tripling Size of Hong Kong Population. Retrieved from http://hk.nielsen.com/news/20110221.shtml Hang Seng Bank Limited.(2011). Hong Kong Tourism Industry. Retrieved from http://www.hangseng.com/cms/tpr/eng/analyses/PDF/ecof_e_2011apr.pdf Canadian Business.2012). Mainland Chinese tourists spark a backlash in Hong Kong. Retrieved from http://www.canadianbusiness.com/business-strategy/mainland-chinese-tourists-spark-a-backlash-in-hong-kong/