Beijing earns $58b from tourism in 2012

Beijing's tourism authority said the city earned more than 360 billion yuan ($57.9 billion) from tourism business in 2012, the Beijing Times reported on Wednesday.

Total revenue was about 362.7 billion yuan, an increase of 12.8 percent year-on-year, with some 231 million visitors to the city, an annual increase of 8.1 percent.

Revenue from tourist shopping and dining accounted for 24.6 percent of the city's social retail earnings for 2012.