China has so far utilized more than 93 billion US dollars in foreign capital.

Shao Qiwei, director general of the China National Tourism Administration, said the world's top ten hotel groups all invested in China and the world's top ten travel agencies have all established joint venture companies in China.

China will promote a policy of further opening to the world in the tourism industry in the next five years by introducing advanced tourism management systems and enhancing foreign capital utilization, Shao said, and the country will also encourage its qualified tourism companies to invest overseas.

Source: Xinhua