Conclusion of Strategic Cooperation Agreement by and between Chengdu Xingcheng Group and Hong Kong Keyestone Group

  On November 4, the Sichuan Multinational Corporation Supply Chain Matchmaking Meeting of the First China International Import Expo (CIIE) was held in Shanghai, which was attended by Peng Qinghua, Secretary of Sichuan Provincial Committee of the CPC, and Fan Ruiping, a member of Standing Committee of Sichuan Provincial Committee of the CPC and Secretary of the Chengdu Municipal Committee of the CPC. During the meeting, Chengdu Xingcheng Investment Group Co., Ltd. and Keyestone Group (Holdings) Limited entered into a strategic cooperation agreement, under which they will work on strategic cooperation on cultural tourism in Chengdu, to develop an internationally-known cultural tourism IP project. With total investment amount about RMB 50 billion, the project, which includes theme park, resort hotel, international animation street, featured commercial views and other facilities, will become a new international tourism name-card for Chengdu, and even for the whole central and west China, will facilitate Chengdu to develop its “Three-City and Three-Metropolis” program, and will drive the whole provincial tourist industry toward accelerated upgrading. Meanwhile, they are expected to seek for more cooperation opportunities regarding culture, tourism, accommodation, etc., whether domestically or overseas.