Home » World » Will the depreciation of the yen and the enlargement of the country’s tourism sector recover? Without “them”, Japan’s prosperity may not turn back | Finance | Sanli News Network SETN.COM

Will the depreciation of the yen and the enlargement of the country’s tourism sector recover? Without “them”, Japan’s prosperity may not turn back | Finance | Sanli News Network SETN.COM

Reported by the Finance and Economics Center / intern editor Gao Jiarong

The Japan Gate was officially opened on 11 October and there was no longer a roof for incoming tourists, and short-term visa waiver was reinstated. Along with the recent depreciation of the yen, the yen has fallen below 146 against the US dollar, hitting the low of the last 25. It seems to be able to attract Many bored tourists, they can even return to the previous tourist prosperity. However, most of Japan’s major tourism sources come from China, but as the current situation of entering and exiting China is very cumbersome and has many restrictions, relying solely on tourists from other countries to enter, it may be difficult to return. to the magnitude of tourism of the past in the short term.

▲ Japan has opened up free movement and eased entry restrictions, which has attracted many people who want to go overseas to visit Japan. (pattern / pixabay)

According to statistics from the Japan Tourism Bureau, the top four countries with the most tourists visiting Japan in 2019 are China, South Korea, Taiwan and Hong Kong. The number of visitors to Japan from the top four countries accounted for 70 , 1% of the total number of visitors to Japan, of which Chinese tourists account for 30%. It can be noted that the visit of mainland tourists occupies an important position in the Japanese tourism industry. However, China’s epidemic prevention policy so far has been zero-targeted and there is little hope of moderately easing restrictions. Even when all countries of the world are opening their doors, it may be difficult for Chinese to go overseas.

Taiwan also opened its borders on October 13, but it is still difficult to restore the previous situation without the light of the earth.  (image / photo data)

▲ Taiwan also opened its borders on October 13, but it is still difficult to restore the previous situation without Lu Mingguang. (image / photo data)

Although the devaluation of the yen has made many Kazakhs ready to visit Japan, it will take some time for Japan to resume its tourism industry without the participation of Chinese tourists. Not only Japan, but also Southeast Asia, including Taiwan, Thailand, etc., have also loosened restrictions and opened borders, but without the view of the land, it is inevitable that it will take some time to restore the former. value of tourism production.

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