28 Jun '15, 12pm

China Merchant Pacific Holdings to acquire 3 expressways in the Guilin region

Despite its fame, the city lags behind the national average in per capita GDP and average net income. It is also still on its way to expanding the tourism market while finding a balanced model to develop the industry. Last November, the National Development and Reform Commission approved a series of tourism plans that “will be principles to guide the city’s socioeconomic development, for now and the near future”, said Zhao Leqin, the top official in the city. The blueprint calls for Guilin to become a world-class sightseeing destination, a national model for eco-civilization, a pilot development zone for tourism innovation and a regional hub for cultural exchanges. Balanced growth In addition to tourism, the guidelines also cover modern agriculture and services, low-carbon industries, transportation and logistics systems, environmental protection and social management. The...

Full article: http://www.investmentmoats.com/money-management/dividend-...

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