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JJ shares released 2011 results Letters

Industry investment strategy: the government work report this year to expand domestic demand and promote consumption as an important strategy to promote China's sustained economic development, as well as to adjust the distribution pattern, increasing income levels, and promote initiatives such as paid vacation for the promotion of tourism consumption necessary and sufficientconditions this year, the tourism industry is booming. Different provinces also developed based on national macro planning as well as the region's natural resources and cultural resources to promote the tourism industry development plans and measures. In the Sanya area of goods duty-free success of the pilot, Shanghai and other exemption applications for the pilot, and the development status of the developed countries show that in a wider geographical area, the more goods, the higher exemption limit on tax policy, and promote consumption growth. Tourism industry to show new trends, such as independent travel, online travel bookings that China's tourism industry matures. To this end, we continue to maintain the industry better than the general trend of "investment rating. We maintain stocks recommended combination, the key recommendation of a high growth, and valuation advantage and steady growth of listed companies in the performance of the company, such as China International Travel Service of Huangshan Tourism, Lijiang tourism, Emeishan A et.
http://yangtzecruise2011.blogspot.com/2012/03/policy-driven-tourism-industry.html
Risk Warning: the economic slowdown, the support of national policies on the industry may be lower than expected, the adverse effects of sudden natural disasters.
http://yangtzecruise2011.blogspot.com/

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