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on chinas tourism tide phenomenon early warning and prevention(在中国旅游潮现象的早期预警和预防)
On China’s tourism tide phenomenon early warning and prevention
[Abstract] article based on the “tide phenomenon,” the general mechanism of the tourism industry “flood” occurs and the special nature of the basic logic that have occurred in China’s tourism investment in the local “flood”, and through supply and demand situation of pre-travel negotiations, the Chinese travel industry overall, “tide phenomenon” early warning. tourism “tide phenomenon” of prevention to the transformation of government functions as the key tourism, tourism development in order to optimize the basic model as the fundamental.
[Keywords] “tide phenomenon”, tourism, excess capacity, to prevent
1 “tide phenomenon” to explain the proposal and
As economic terms, “tide phenomenon” is Professor Lin Yifu first proposed in 2007, he said: a rapid development stage of the developing countries, industrial upgrading, companies want to invest in the technology matures, market already exists in the world chain within the industry, it is easy for new and promising industry to reach a consensus, prone to many companies as an investment, like waves, wave after wave of a flock to the same industry, began to appear in every wave Each company has high expectations of their investment and financial institutions in the “herd behavior” under the influence of these investment projects are also willing to give financial support, but wait until the completion of each firm’s investment, inevitably there will be serious excess capacity, a large number of loss of business bankruptcies, bank bad debts spiraling serious consequences.
After the global financial turmoil, including China, many economies have clearly exposed the serious problem of excess capacity, the “tide phenomenon,” the follow-up study increased Hu Nan pointed out that the existence of excess liquidity is the “tide” occurs One of the conditions. Gang of the “tide” phenomenon industrial risk and financial risk transfer mechanisms be
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