Taiwanese travel agencies said yesterday that the latest talks between Association for Relations Across the Taiwan Strait (ARATS) Chairman Chen Yunlin (陳雲林) and Straits Exchange Foundation (SEF) Chairman Chiang Pin-kung (江丙坤) could boost the tourism industry as China may increase the number of tourists visiting Taiwan.
But local travel agencies were also concerned that the business opportunities lost through the outflow of Taiwanese tourists to China may be greater than the benefits from the inflow of Chinese tourists.
With an increase in the number of flights, traveling to China will become much more convenient and the number of Taiwanese traveling to China is expected to increase, probably at a faster pace than the increase in Chinese tourists visiting Taiwan, the agencies said.
More than 4.3 million Taiwanese travel to China every year, statistics compiled by the SEF showed. Only 300 Chinese tourists per day on average visited Taiwan as of Oct. 27.
Some local travel companies also said they were skeptical about how many business opportunities would be created by inbound Chinese tourists, as even if that number doubled to 600 people per day, or even 1,000 per day next year, the total number of Chinese tourists visiting Taiwan would barely reach 365,000 people a year.
The Chinese government has only authorized 33 Chinese travel agencies to organize tour groups to Taiwan and there are only 13 cities and provinces whose residents are allowed to visit Taiwan.
The Chinese government should allow people from all cities and provinces to visit Taiwan and the number of travel agencies authorized to organize tours should be increased to at least 100, or maybe even 200, Travel Agent Association (旅行商業同業公會全國聯合會) chairman Yao Ta-kuang (姚大光) said.
Chen Chri-ji (陳墀吉), associate professor at Shih Hsin University’s Department of Tourism, said an increase in numbers of Chinese tourists would inevitably increase the workload of the National Immigration Agency and the Travel Agent Association, which could overwhelm them.
“The government should be alert to the possible increase in the number of Chinese tourists staying on illegally as a result of a simplified admission process,” Chen said.
Chen was also opposed to the regulations that impose a NT$200,000 fine on travel agencies for every Chinese tourist found staying illegally, which he believed was unreasonable and said the fine should be paid by the Chinese tourists themselves.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
Micron Technology Inc is a driving force pushing the US Congress to pass legislation that would put new export restrictions on equipment its Chinese competitors use to make their chips, according to people familiar with the matter. A US House of Representatives panel yesterday was to vote on the “MATCH Act,” a bill designed to close gaps in restrictions on chipmaking equipment. It would also pressure foreign companies that sell equipment to Chinese chipmaking facilities to align with export curbs on US companies like Lam Research Corp and Applied Materials Inc. The bill targets facilities operated by China’s ChangXin Memory Technologies Inc