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The Economic Roundup is an excerpted translation of the Chinese-language ROC Economic Yearbook published by the Economic Daily News, a sister publication of the Taiwan Economic News. The yearbook is the most comprehensive and authoritative source for understanding the fundamentals of Taiwan's economy, both in the macro and micro aspects. The excerpted translation gives foreign readers a concise view of the island's overall economic picture. It is divided into four parts: general economy, primary industries, secondary industries, and tertiary industries.
 
 Tertiary Industry > Travel Industry
With the government's plan of doubling foreign tourist arrivals finally producing results, foreign tourist arrivals in Taiwan surpassed 3.37 million person-trips in 2005, up 14.5% over the previous year, and revenues of tourist hotels also rose 13%, greatly boosting the morale of domestic tourist-industry players.

The number of tourist arrivals in 2005 exceeded the government originally target of 3.25 million person-trips, set in the tourists-doubling plan, indicating that the plan has successfully induced the development of the domestic tourist industry. With continuing increase in the number of Japanese tourists and the rapid increase of mainland Chinese tourists, outlook for the island's tourist industry is promising.

   
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