Located in northeastern China, Tianjin is a rapidly developing municipality and has so far served as the venue for many important forums, such as the World Economic Forum. About 300 out of 500 companies on the Fortune Global list had set up sub companies in here by the end of 2010, turning the area into a base of advanced industry, financial reform, and innovation. Apart from its beautiful city scenery, Tianjin boasts numerous historical and cultural spots, including the Tianjin Ancient Culture Street, the Century Clock, the Drum Tower and the Xikai Catholic Church.

 

Thanks to its long history, many scenic spots and superb services as well as accommodations, Beijing, the capital of China, ranked number one on the list of 2012 best city for tourism on Chinese mainland, according to a report recently released by Forbes China. 

 

Tourism is known as the "Smokeless Industry" or the "Invisible Trade." It is an emerging economic sector which features less investment and big profits. The industry is not only related to beautiful attractions, but also to a large number of services, including transportation, dining, shopping and entertainment. 

 

With China's rapid development, more and more Chinese have taken to traveling on holidays. According to the 2011 data of China National Tourism Administration, the nation had at that time received 135 million inbound tourists and earned US$48.46 billion in foreign exchange revenues, a 1.2% and 5.8% increase respectively compared to 2010. The number of domestic tourists exceeded 2.64 billion and income reached up to 1.9 trillion yuan (US$304.7 billion), increasing 13.2% and 23.6% respectively compared to the 2010 numbers. Tourism has become one of China's fastest growing industries.  

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