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Tag "china"

China reinforces ties with Mauritius with the inauguration of the New Chinese Consular Services Building

The new Consular Services Building of the Embassy of the People’s Republic of China was inaugurated by the Chinese Ambassador to Mauritius, Li Li, on October 24, 2014 in Belle-Rose. The inauguration ceremony was held in the presence of the Minister of Foreign Affairs, Regional Integration and International Trade, Arvin Boolell, and marked with the presentation to a Chinese national of the first Chinese electronic passport issued by the Chinese Consular

Mauritius tourists to hit 1 million mark by 2018

A report recently released by international market research firm Research and Markets shows only marginal growth in domestic tourist volumes in Mauritius, which are expected to rise at a Compound Annual Growth Rate (CAGR) of 0.31% over the five-year forecast period, to reach 1 million by 2018. Titled Travel and Tourism in Mauritius to 2018, the report observes that the tourism industry has developed into a major pillar of economic

Mauritius star rises in China; wins multiple tourism awards

Mauritius will receive three awards in China after being ranked 9th in the “Top 10 Best Overseas City” and 2nd in the “Top 10 Island Destinations” for the year 2013, by the Ctrip group, leader in the travel and tourism industry in China, and “The Best Emerging Island Destination” by the Chinese magazine Voyage, specialising in high-end tourism. For this occasion a prestigious ceremony will be held today, February 28,

Mauritius sees 2013 tourism revenues fall 8.6% on EU woes

Mauritius saw an 8.6% fall in gross tourism receipts to Rs 40.55 billion in 2013 from a year ago, according to data released by officials yesterday. This was largely on the back of reduced arrivals from Europe, the main source market for tourists to the island economy, which fell 1.5 percent to 547,046 in 2013. Further, France, a mainstay of the island’s tourism sector, also showed lower footfalls for 2013

China’s Alipay is currently world’s biggest payment company

Alibaba has certainly given arch-rival PayPal something to be worried about. E-commerce giant claims that its mobile-payment service, Alipay, has snagged the top spot as the world biggest mobile payment player with total transactions valued at $150 billion (900 billion Yuan) for 2013. There is no disputing that Alipay is undoubtedly the world’s No. 1. How? The equation is straightforward. Even when put together, the payment volume of US-based Square

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