Since 1992, when Korea and China first established their diplomatic relationship, the overall communication between the two nations has increased rapidly. This is due to geographical adjacency, cultural similarities and intimate history between the two countries. Needless to say, the tourism industry is not an exception of this current trend. After the Chinese government assigned Korea as a free overseas travel country in 1998, the number of Chinese visitors to Korea has been breaking its highest record every year. As a result, the Korean inbound market is ranked as the second biggest one after the Japanese market. In addition, following the reform and open-door policy of Deng Xiao-Ping in 1978, joining of the WTO, (also referred to as the second reformation), and hosting of the Beijing Olympic games in 2008, China has been positively conforming to the pressure of opening its market to the other countries. Moreover, China is expected to open its door regarding emigration and immigration laws in exchange for human resources to meet the international standard. The purpose of this study is to understand the Chinese tourism market. The key point is to develop the Korean tourism industry as its largest inbound tourism market. Also, relevant laws and regulations, and policy of emigration and immigration will be examined carefully. This study will offer suggestions regarding the current issues and adequate solutions to suit the changes in Chinese tourism policy following the joining of the WTO and hosting the Beijing Olympic games. Overall, this study will be a valuable data to setting the tourism policy in regard to the Chinese market for the Korean government as well as for the related tourism industries.