Japan Tourism Boost Due to Foreign Tourist Influx with Expenditure $8.3 billion, Free Spenders are Chinese Visitors

Foreigners visiting Japan hits the highest expenditure rate with 1 trillion yen ($8.3 billion) in the three months through September. The Big spenders are the Chinese tourists who are continuously taking the advantage of the weakening Japanese currency, yen.

The Skift reported, according to the Japanese Tourism Agency, a wave of tourists of 5.35 million visited Japan that increase 54 percent from the third quarter of 2014. However, these great numbers of tourists are not only doing sightseeing, they are also spending a huge amount of money and more, ranging 187,000 yen per trip and the record rise up to 18 percent. The highest expenditures recorded were from Chinese visitors with 47 percent of the spending, followed by tourists from other Asian countries, Taiwan, Hong Kong and South Korea.

According to JT, Chinese tourists are still into "explosive buying" notwithstanding the slowdown in their nation's economy. The influx of foreign tourists going to Japan are continuously going higher and estimated at 14.49 million within the month of January and September. And also over 15 million recorded as of Oct. 9, against the annual record of 13.41 million accounted last year.

The Asia Nikkei also reported, Akihiko Tamura, the agency commissioner said at the press conference on Wednesday, "We expect consumption [by tourists] to exceed 3 trillion yen this year,". Shopping centers were also flooded with foreign tourists. The amount of purchases in the month of September also tripled which is also recorded the same in 2014.

Japan Prime Minister Shinzo Abe also thinks maybe the sudden influx of tourists is filling up his goal to increase the international visitors up to 30 million by the year 2030. On the press conference on Wednesday, Yoshihide Suga, the Japan's Chief Cabinet Secretary also said, the high rating figures are "the result of relaxation of visa requirements and expansion of duty-free items," He also added that the government of Japan will still reform regulations.