The document discusses tourism development in China. It describes how China shifted from being closed-door in the late 1940s-1970s to promoting tourism from the late 1970s onward to earn foreign exchange. Visitor arrivals grew from 7.7 million in 1981 to 130 million in 2007, while tourism receipts increased from $8 billion to $420 billion over the same period. The hotel industry has also expanded dramatically. China is now working to implement Tourism Satellite Accounts to better measure tourism's economic contribution and importance to the national economy.