综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Opinion / Op-Ed Contributors

Tourism boom can't hide Japan's need for reforms

By Cai Hong (China Daily) Updated: 2015-11-24 08:19

Tourism boom can't hide Japan's need for reforms

Chinese tourists hold their shoppings in Shinjuku shopping district during the China National Day Golden Week holiday on October 5, 2015, Tokyo, Japan. [Photo/IC]

A friend is planning to tour Kyoto, Osaka and other places in the following two weeks. To her surprise, there are no rooms available in Kyoto.

She had no idea what a large number of rivals she would have for a room when touring around Japan.

Travelers from China alone contributed 24 percent of the 1.82 million foreign travelers visiting Japan in October, a 99.6 percent rise over the same month the previous year. The cruise ships shuttling from China's mainland to Japan have increased from 12 in 2014 to 46 now.

The tourism industry is one of the few bright spots in Japan's economy. Japanese Prime Minister Shinzo Abe's growth strategy, dubbed Abenomics, has been made up of the Bank of Japan's massive quantitative easing programs, along with easier fiscal policy. It has weakened the Japanese yen, which in turn has made it cheaper for tourists.

With foreign visitors pouring in, Japan is within reach of its ambitious tourism goal well ahead of its five-year target, which is to lift the number of foreign tourists to 20 million by 2020.

Japan's Chief Cabinet Secretary Yoshihide Suga has said the country needs to set a new goal for tourism, which is seen as an important new area for Japan's growth.

But while tourism is booming, the country's economic situation is not getting closer to another goal - raising the inflation rate to 2 percent.

Japan's gross domestic product declined 0.8 percent in the third quarter of this year, following a 0.7 percent drop in the previous quarter. Two consecutive quarters of contraction meets one of the criteria for a recession.

While household spending increased 0.5 percent in July to September, Japan's companies held back spending. Business investment declined 1.3 percent in the third quarter from the previous quarter, worse than the 0.5 percent fall forecast by economists.

The Japanese prime minister has been urging the country's corporations to give their employees wage rises and invest more, hoping to start the virtuous cycle that his economic agenda is supposed to engender. He envisions private sector-driven growth, in which higher corporate earnings boost people's wages and spending, thereby encouraging more business investments.

Previous Page 1 2 Next Page

...
温泉县| 广德县| 穆棱市| 阿巴嘎旗| 福建省| 武夷山市| 那坡县| 中阳县| 乃东县| 福鼎市| 孟连| 寻乌县| 安西县| 台州市| 紫阳县| 固阳县| 桐乡市| 高密市| 新竹县| 邮箱| 灵川县| 定结县| 林芝县| 股票| 商都县| 抚州市| 萝北县| 巴彦县| 阜新市| 永寿县| 清水县| 徐汇区| 博客| 白朗县| 定陶县| 绥芬河市| 理塘县| 通辽市| 项城市| 泗阳县| 邓州市|