The Implications of RMB Exchange Rate Changes on China’s Tour Industry Foreign Exchange Income
Authors
Peizhi Wang1, *
1School of International Education, Nanchang hangkong University, Nanchang, 330000, Jiangxi, China
*Corresponding author.
Email: 1181246219@qq.com
Corresponding Author
Peizhi Wang
Available Online 23 August 2023.
- DOI
- 10.2991/978-94-6463-224-8_5How to use a DOI?
- Keywords
- Tour industry; Exchange rate; Depreciation of the RMB
- Abstract
The relationship between exchange rate fluctuations and economic development has always been a hot topic for scholars from all walks of life. Tourism is equivalent to developing a new engine of communism. Studying the result of changes in the value of the renminbi against foreign currencies on tour industry development is irreplaceable at present. This paper mainly studies the development strategies of China’s tour industry under the influence of RMB exchange rate fluctuations, so as to provide some reference for making tour industry development decisions in the future.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Peizhi Wang PY - 2023 DA - 2023/08/23 TI - The Implications of RMB Exchange Rate Changes on China’s Tour Industry Foreign Exchange Income BT - Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023) PB - Atlantis Press SP - 31 EP - 36 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-224-8_5 DO - 10.2991/978-94-6463-224-8_5 ID - Wang2023 ER -