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Leading Coherent Development Between Shared Economy and World Tourism Cities——Chongqing Declaration of World Tourism Cities Federation (WTCF)

On the occasion of the WTCF Chongqing Fragrant Hills Tourism Summit 2016, WTCF makes the following six-point proposal to all its members with the view of promoting the integrated development of sharing economy and tourism cities...

Release time : 2016-09-21 11:25:00
source : WTCF

From 19 to 20 September 2016, the Chongqing Fragrant Hills Tourism Summit of World Tourism Cities Federation (WTCF) was held in the famous tourism city Chongqing, China. Representatives of tourism cities, organizations and enterprises from around the world gathered for an extensive and in-depth exchange of views and discussion on the theme of “shared economy and the development of world tourism cities”.

(The Chongqing Declaration was read at the Member Meeting)

The world today faces multiple challenges. Shared development and win-win cooperation is the defining theme of global governance. The nature of sharing economy is about the consolidation of available idle resources like goods, knowledge and services to generate maximum effective value. Sharing economy is a major economic and social transformation in the information age. The path of sustainable development it explores will make a far-reaching impact on the development model of humanity. With its sound practice and application in commerce, tourism, culture, transportation, housing and other fields, sharing economy is emerging as a new driver of economic and social development.

Cities are the product of human work and creation. The natural resources, history, culture, architectural monuments and way of life in cities not only provide guarantee of life for the local residents but also give strong support for various kinds of tourism activities. Sharing economy, given its ability to integrate resources from different fields and at different levels, can connect the idle resources of tourism cities with the effective demands of external markets, thus notably enhancing the overall carrying capacity of tourism cities. Sharing, cooperation and mutual support are the foundation of sharing economy. The development of sharing economy will change people’s way of life, leading to change in people’s way of thinking, and eventually trigger massive business and social changes.

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