Officials from the Pingtan Comprehensive Pilot Zone recently embarked on a four-day business trip to Hong Kong to promote Pingtan’s investment prospects.

Following an investment briefing on Aug 20, the delegation of Pingtan officials, led by Li Deijin, PCPZ’s administrative committee, paid visits to three economic blocs, namely the China Resources (Holdings) Company, the China National Travel Service (HK) Group Corporation and the Shimao Group.

Li introduced Pingtan’s preferential policies as the mainland’s sole pilot zone opening up to Taiwan and the largest area under customs management, and expressed hopes for China Resources to scale up its business in Taiwan and make a play for operating in Pingtan.

Pingtan and China Resources have a solid foundation of cooperation, as the latter has set up a gas company in Pingtan. In the next stage, China Resources hopes to take advantage of Pingtan’s favorable policies and test the water in more sectors such as medicine and banking, said Wang Yin, the company’s deputy chairman of the board.

In a meeting with Zhang Xuewu, who is the chairman of the board of the China National Travel Service (HK) Group Corp, Li briefed him on Pingtan’s abundance in its tourism resources, which are highlighted landscapes formed from sea erosions and beaches, and said he hoped the group would make field inspections to further explore cooperation opportunities.

The group has been engaged in a long-standing relationship with Fujian province and is a strategic partner of Fujian. It has been paying attention to Pingtan’s development and will definitely increase cooperation with Pingtan to build it into a tourism destination for people across the Taiwan Straits, said Zhang.

Background:

China Resources (Holdings) Company (CR) is a multi-business holding enterprise group registered and operating in Hong Kong. In 2013, CR realized a total turnover of HK$ 507.8 billion, a total profit of HK$ 50.1 billion and total assets of HK$ 1079.7 billion. CR operates in seven major sectors, namely consumables (retail, brewery, food and drinks), power supply, real estate, cement, gas, medicine and finance.

Founded in April 1928 by Chinese banker Chen Guangpu, The China National Travel Service (HK) Group Corporation is China’s largest travel group，state-owned enterprise under the direction of the State-Owned Assets Supervision and Administration Commission of the State Council. It now engages in tourism, industrial investment (iron and steel), real estate development and logistics trade, providing a comprehensive qualified service marking its predominance within the industry.