Shanghai investment firms inspect Pingyao

Two Shanghai financing and investment companies, Yinlai Group and Tianfu Jinhe Investment, inspected projects in Pingyao from Oct 20 to 21 to seek business cooperation.

The delegation visited several tourism and pharmaceutical projects in the county, such as Pingyao Ecotourism Culture Industrial Park and HIERAND Biotech Co, learning about the development of local tourism and traditional Chinese medicine (TCM).

Pingyao has a solid foundation for expanding sightseeing, culture and TCM industries and it will be a good choice for investment, according to the delegates during the investigation.

The group later discussed the cooperation with the Pingyao authority on TCM-themed tourism, securitization of admission tickets at tourist attractions as well as establishing an investment and financing platform for infrastructure construction in the county.

A business delegation from two Shanghai investment companies, Yinlai Group and Tianfu Jinhe Investment, inspects the ecotourism culture industrial park in Pingyao during the trip from Oct 20 to 21. The park, being built at a total cost of 16.75 billion yuan ($2.47 billion), covers an area of 6 square kilometers at Tianlu Lake. It will house businesses and organizations involved in tourism, finance, media, aviation and environmental protection. [Photo/pingyao.gov.cn]