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China National Tourism Administration
`Year of Russia` launched in inner Mongolia
Wednesday, February 15, 2006
A grand ceremony was held to launch Year of Russia Sunday on the occasion of China`s Lantern Festival in Manzhouli City, China`s leading inland port on the China-Russia border, in North China`s Inner Mongolia Autonomous Region.

More than 2000 Russian tourists joined the local people in celebrating the Chinese traditional festival while attending the opening ceremony in the city decorated with lanterns.

Yu Dehui, vice chairman of the regional government, said Inner Mongolia Autonomous Region enjoys broad contacts with Russia, expressing his hope that Year of Russia will bring closer trade and economic ties between the two countries.

Mart Vieva, vice-chairman of Republic of Tuva, said that the launching of Year of Russia also means the beginning of a new stage of closer links in trade, economy, technology and culture between the eastern Siberian region of the Russian Federation and China.

Manzhouli, equipped with highly-developed railway and highway systems, handles 60 percent of the freight between China and Russia.
Theodore Koumelis - Wednesday, February 15, 2006
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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