The total spending of foreigners visiting Japan in Q1 2015 reached 706.6 billion yen, an increase of 64.4% YoY according to Japan’s “Chinese Herald”. Chinese travelers’ total spending accounted almost 40% of total.
Chinese visitors spent 277.5 billion yen in Q1 2015, 39.3% of the total, representing an expansion of 2.3 times, becoming Japan’s domestic consumption detonating force.
The above statistics, including accommodation, catering, travel expenses, entertainment expenses, shopping and other expenses. Several factors contribute to foreigners’ increasing expenditure including:
- the yen continued to depreciate,
- expansion of the range of duty-free goods since October 2014
- relaxing visa application conditions for Chinese
Total number of Chinese visiting Japan reached 923,500 in Q1 2015, an increase of 93.2% YoY; Chinese people traveling in Japan has a per capita consumption of 300,434 yen, compared with 248,000 yen a year earlier, an increase of 20.9%. Chinese total spending in Japan reached 277.5 billion yen, an increase of 39.3%.
On average, a Chinese tourist spent 52,868 yen on accommodations, 43,501 yen on food, 20,256 yen on transportation, 5,184 yen on entertainment expenses, 176,975 yen for shopping (about 60% of total personal expenditure).
According to China Confidential, a research institute of Financial Times, the total expenditure of China outbound travelers reached RMB140 billion (US$498 billion) in 2014. In other words, today’s Chinese outbound tourists’ spending is more than the total household consumption expenditure in some countries, such as Indonesia ($436 billion) and Turkey ($442 billion).
Read more: Rise of the China Outbound Tourism