HK businesses to invest in Pingyao

A business delegation led by Chen Zhi, chairman of Hong Kong Causeway Bay Group and joint director of the Hong Kong-mainland International Investment Society, investigated the investment environment for high-end commercial areas in Pingyao between April 21 and 22.

Focusing on commercial investment projects, the delegation led by Chen let it be known that a team will be organized and based in Pingyao for further business matching.

Hong Kong Causeway Bay group, a large professional real estate development company, operates businesses mainly in commercial real estate and large shopping malls with two high-profile brands –– "Causeway Bay plaza" and "Causeway Bay general merchandise". Based on independent investment and management, the group has built more than 60 commercial complexes in 66 cities across 23 provinces in recent years, with commercial space currently exceeding 5 million square meters.

The government of Pingyao county has promised that in future a better business environment and preferential policies for companies from outside the local area will be provided. Through the introduction of successful companies and quality projects, Pingyao will further enrich its cultural and tourism resources to enhance the experience of visitors to the historic county.

Shi Yong (center), a top government official of Pingyao county, introduces the business environment to Chen Zhi (left of Shi Yong), April 21. [Photo/pingyao.gov.cn]

A meeting on investment in high-end commercial areas in Pingyao is held between a delegation from Hong Kong and the government of Pingyao, April 22. [Photo/pingyao.gov.cn]