ADS was first introduced in the early nineties for destinations in Southeast Asia such as Singapore, Thailand and Malaysia. Prior to ADS, travelling abroad was only allowed for business purpose and official visits with government approval needed for every single visit. ADS policy was created to account for the growing interest of Chinese citizens in foreign travel and the fast increase in disposable income.
ADS is granted to overseas destinations through a bilateral government agreement. The ADS only concerns tourism groups handled by assigned Chinese local travel agencies. Business and official …

Ctrip and ezTravel, the leading online travel websites in China and Taiwan, respectively, have entered a close bond, as the former has anted up its stake in the latter over 50%, paving the way for both to tap the fast expanding cross-Strait online travel market together.
Ctrip, a NASDAQ-listed company, disclosed yesterday (Aug. 5) in its second-quarter financial statement the increase of its stake in ezTravel to the level requiring it to compile consolidated financial statement with the latter, indirectly indicating that its stake in ezTravel has exceeded 50%, up from …