WTCF Supports Establishment of the China Cultural & Tourism Investment Alliance

The establishment ceremony for the China Cultural & Tourism Investment Alliance was held on Nov. 27th, 2016. The alliance is supported by China Association for the Promotion of Development Financing, China Real Estate Chamber of Commerce, and World Tourism Cities Federation (WTCF). Li Baochun, Executive Deputy Secretary-General of WTCF attended the ceremony and delivered a speech.

Executive Deputy Secretary-General, Li Baochun, shared information on the international tourism industry’s development and investment opportunities. He also outlined the functions and achievements of WTCF in recent years, including promoting tourism-related investment and researches.

About 150 guests attended the ceremony, including the Senior Manager of Private Equity and Asset Management Association, tourist industry experts, and other related organization’s managers.

To promote development of cultural tourist industry and expand investment channels, the China Cultural & Tourism Investment Alliance will gather financial capital to build a strategic tourism investment platform for tourism projects and investment organizations.