【Summit Senior Figures Interview】Interview with Lee Weiqun, Secretary-General of China Association of Private Equity（CAPE）: The Investment Committee Will Promote Development of Tourism Industry Together with WTCF

On September 20th, at the Chongqing Fragrant Hills Summit, Secretary-General, Lee Weiqun, of China Association of Private Equity(CAPE)was interview by the media. He answered questions about the establishment of the Investment Committee of WTCF, cooperation on tourism investment and so on.

Mr. Lee said that the tourism industry has become the rapidest-growing industry in national economy. From the aspect of future plans, WTCF established the Investment Committee to gather global large enterprise groups, equity investment institutions and related service institutions beneficial to investment business and tourism business. Then, they can explore opportunities in industry development together, analyze and discuss the value of the investment projects. “We hope that wisdom and capital can be converged at the platform of Investment Committee. We hope to know about all over China broadly and demand on tourism development of countries around the world, to get more opportunities to cooperate. ”

According to data, 30 institutions founded the Investment Committee. Many tourism-related enterprise groups from China and abroad were assembled, including CITTC Culture & Tourism Group, HNA Tourism, Fuwah International Group, FOSUN, Palm Investment, and CSC Group. These groups have good developmental plans on tourism investment, which agrees with WTCF’s development purpose and its aim to serve city members.

When talking about Chongqing, the hosting place of the Summit, Mr. Lee said Chongqing is one of the municipalities of China and an important city of the West, with superior tourism resources and technologies. Chongqing puts emphasis on the development of tourism industry and has good plans and visions about it. “We have known about the reserve of Chongqing’s tourism resources. We want to take this chance to make investigations and acquire some opportunities on tourism investment through communication. We hope Chongqing can be more market-oriented and international on tourism resources planning and investment development in the future. From the aspect of WTCF, we hope to promote the joining of capital and tourism resources at the direction of marketization and internalization, and international cooperation on tourism. We have much to do in the future. We are willing to join the resources of the Investment Committee with development demand of Chongqing’s tourism. ”

“We talked with The Senior Director, Liu Qi, of Chongqing Tourism Bureau. We hope to strengthen communication and gain knowledge about Chongqing’s overall tourism plan. We’ll shared successful examples from China and abroad for discussion and choose the plan most suitable for Chongqing’s tourism. On project implementation, we’ll make more communication and site investigations on the district/counties. We might attract outsider special tourism and cultural tourism, with elements of food and art. We believe that Chongqing’s emphasis and policies, together with resources of WTCF and CAPE, will bring new vigor and beautiful vision for the city’s tourism. ”

It was the fifth anniversary of WTCF and Mr. Lee raised his sincere wishes for WTCF. He said WTCF is a large international platform converging major tourism cities and excellent tourism-related institutions all over the world. This corresponds greatly to CAPE’s development concept of professional international and industrial investment. CAPE sincerely hopes that more and more equity investment institutions will understand the great development space and good investment opportunities of tourism industry, and promote development of tourism industry together with WTCF.