Economic Daily: "Cultural tourism +" is not just a simple addition.

date
26/12/2025
In recent times, the pattern of "culture and tourism + all industries" and "all industries + culture and tourism" dual-direction linkage is accelerating. Breaking through industrial barriers and actively promoting the deep integration of tourism with various industries is the inevitable choice for the high-quality development of the tourism industry. However, it is also important to note that there are some urgent issues that need to be addressed in the process of integration. Some related industries lack a strong sense of initiative to integrate into culture and tourism, and still rely on unilateral promotion by the culture and tourism departments. In terms of practice and operation, there is homogenization of products and superficial experiences, lacking in-depth exploration of local cultural intellectual property and industrial characteristics. Integration is not simply addition, but rather multi-dimensional strategies must be implemented to deliver a combination of tactics.
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6 m ago
CITIC Securities research report stated that the asset environment of major categories in 2026 may exhibit characteristics of marginal liquidity easing and moderate economic recovery. We recommend commodities > stocks > bonds. In terms of equities, we expect the full-year increase in the Wande full A index in 2026 to be between 5% and 10%; Hong Kong stocks are expected to see a rebound in performance and a second round of valuation recovery in the Davis double click market; in the mid-term election year in the United States, with the "fiscal + monetary" double loosening background, it is expected to continue the momentum of fundamental growth. In terms of bonds, we expect the 10-year Chinese bond yield to fluctuate between 1.5% and 1.8% throughout the year, with a downward pace followed by an upward trend; the 10-year US bond yield may fluctuate within the range of 3.9% to 4.3%. In terms of commodities, the supply-demand pattern of crude oil is expected to shift from surplus to balance, with Brent crude oil fluctuating in the range of 58-70 USD/barrel throughout the year; gold is expected to continue its strong performance under loose liquidity and geopolitical risk support, aiming to break through $5000/ounce, while copper is expected to rise to $12000/ton due to supply constraints and electric power demand. In terms of exchange rates, the renminbi may enter a mild appreciation cycle, and the central rate of the USD to RMB exchange rate is expected to gradually move closer to 6.8.
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