From: news.xinhuanet.com
July 07, 2008 16:05 Beijing Time
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    KUNMING, July 7 (Xinhua) -- China's tourism market has become a magnet for international investment, raising about 150 billion yuan (21.8 billion U.S. dollars) annually over the past few years, a senior tourist official said here on Monday.

    "Some high-end international tourism products have made their way into the Chinese market, such as port calls by luxury liners and booming business for limousine and yacht rentals," said Wang Zhifa, National Tourist Administration (NTA) deputy director.

    Despite this, Wang, who was here to attend an industry forum in the capital of southwest Yunnan Province, said the country still faced great hurdles even though it was poised to become the world's largest tourist destination by 2015.

    He said the industry still lacked large companies to take a leadership position in comprehensive tourist developme...

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