A plan to triple in 2012 Chinese tourism

The Ministry of Industry, Tourism and Commerce wants the 89,523 Chinese tourists arriving in Spain in 2009 to be 300,000 in 2012 and one million in 2020. To this end, the holder of the portfolio, Miguel Sebastian, has used his official visit to China to present the China Tourism Plan. However, this niche market grew last year by 2.9% over the previous 470% in the last decade.

This package will include the development of guides on Spain in Mandarin, adjusting meal times, training for tour guides and exploring ways to increase the frequency of direct flights between China and Spain.
For now, Spain has two tourist offices in China, in Beijing and Guangzhou, although the government is considering strengthening the promotion campaign in China and the Chinese tourism.

Spain Tourism

Spain is not a relevant target of China's foreign investment, which represents less than 1% of foreign direct contribution, while Spain goes to China for 1.8% of direct investment. The minister "trusts" that the forthcoming visit to Spain of Chinese Vice Premier Li Keqiang, are finally closed several contracts which will provide 1,000 million euros in investments in China.
One of the awards "unlocked thanks to work done by all parties is that of Villar Mir, which plans to invest 860 million euros in two factories of silicon and power complex and the Chinese tourism..

Chinese tourism

Another contract is closed and the Spanish company ENSA nuclear equipment and SENPEC China, which will provide two steam generators at a nuclear future China 100 million euros and the Chinese tourism..
For his part, stressed the importance Sebastian to be opening an office in Spain in the Chinese bank Industrial and Commercial Bank of China (ICBC), scheduled for January 24, to attract investment from China to Spain and to make Bridge for SMEs that decide to export to China.

Obama: 'U.S. and China are forced to seek growth'

The U.S. president, Barack Obama said at the beginning of a bilateral meeting with his Chinese counterpart Hu Jintao that the two countries, major economies in the world have the obligation to seek "a firm footing and sustained growth."
Both leaders met shortly before the opening today of G20, which groups the world's major economies, in Seoul and the U.S. and China Currency..
As indicated by the U.S. president, who said the two world powers have strengthened their ties in recent years, the two countries have "special obligations" to ensure nuclear stability.
For its part, the Chinese president said his country will "strengthen dialogue and cooperation" with the U.S..

U.S. and China Currency

"The Chinese side values its relationship with the U.S.. A solid relationship with the U.S. is good for the Chinese people and for peace and prosperity," Hu said in the seventh bilateral meeting between both leaders.
Currency WarThe two presidents have abundant business to discuss. Their countries are heading to a confrontation during the G20 summit on their respective monetary policies, the "war of currencies" and imbalances in current account balances and the U.S. and China Currency.
Washington believes the Chinese currency, the yuan, artificially listed below market value and calls for Beijing to let more rapidly fluctuating more freely.
Beijing is reluctant to liberalize the price of its currency more quickly for fear the effect this may have on their exports and inflation and the U.S. and China Currency..

U.S. and China Economy

But the Republic has also harshly criticized the decision by the U.S. Federal Reserve last week to inject liquidity into the system, valued at 600,000 million dollars.That, argues Beijing will devalue the dollar and adversely affected other economies in its exports.China also refuses to limit its current account surplus of 4% of GDP, as proposed by the U.S and the U.S. and China Currency..

The two leaders will also address issues such as human rights in China, the nuclear programs of Iran and North Korea, Burma elections and the referendum on self-determination in southern Sudan due in January.