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Ningbo, a coastal city in Zhejiang province, will host the second China-Central and Eastern European Countries Ministerial Meeting on Promoting Trade and Economic Cooperation, as well as three trade events, from June 8 through 12 to strengthen business ties and communication with foreign markets.
The three events are the 18th China Zhejiang Investment and Trade Symposium, the 15th China International Consumer Goods Fair and the second China-CEEC Trade and Investment Expo. Foreign business representatives introduce their products to Chinese visitors during last year's China-CEEC Trade and Investment Expo. China Zhejiang Investment and Trade Symposium will be an important platform for global economic experts and business leaders to exchange ideas on a range of issues, including the innovation-driven economy, Zhejiang's prospects during the 13th Five-Year Plan (2016-20) and how emerging industries will accelerate Zhejiang's industrial upgrade. The 2016 China Zhejiang Investment White Paper will be released during the symposium to give investors more background information about the business environment in Zhejiang. In addition to Ningbo, neighboring cities such as Zhoushan, Huzhou and Lishui will host symposiums based on their unique regional features. The China International Consumer Goods Fair will feature 4,000 booths covering 100,000 square meters.
More than 3,000 foreign traders from 52 countries and regions have confirmed their participation in the consumer goods fair, according to Gang. The second China-CEEC Trade and Investment Expo will be held in Ningbo, and it is hoped that the expo will build on the success of last year's event. The expo will feature a 4,400-square-meter demonstration zone for high-tech businesses from both China and CEEC countries.
The 2015 expo, held in Ningbo from June 8 through 12, attracted nearly 50,000 officials, exhibitors, experts and scholars from 93 countries and regions.
Hungary will be the featured country at this year's expo, and will organize a range of activities to showcase its culture, and achievements in trade and investments to court potential investors. The Ningbo city government said there will be 12 other events to strengthen Sino-CEEC cooperation in a number of areas, including investment, trade exhibitions and forums and cultural exchanges. For instance, the second China-CEEC Investment and Cooperation Seminar will take place during the China-CEEC Trade and Investment Expo, giving representatives from Central and Eastern European countries the opportunity to introduce to investors their respective business environments, policies and projects.
Business representatives from China and CEEC will gather at the third China Ningbo-CEEC Business Conference of Chamber of Commerce to discuss possible cooperation and collaborations during the expo period. A cross-border e-commerce matchmaking event will also be held to help businesses find potential partners. Air China will arrange charter flights from Budapest to Ningbo during the expo period for the convenience of both businesspeople and tourists. Local authorities said that several cultural promotion events, including the China-CEEC Education Cooperation Meeting, will be held during the expo period. Event organizers believe these activities will strengthen cooperation and promote information sharing and exchanges between China and CEEC countries in a range of areas, including education, technology and talent resources.
Government representatives from seven countries including Croatia, Bulgaria, Romania and Slovakia have confirmed they will attend the meeting. There will also be a photography exhibition at the Ningbo International Exhibition Center to display CEEC countries' landscapes, food and culture during the expo period. Local residents will be encouraged to take part in a range of cultural events to help them learn more about CEEC countries. Since 2012, China has led the world in overseas tourism consumption, at more than 13 percent of the annual global tourism revenue, according to the United Nations World Tourism Organization. In 2015, the country recorded more than 4.1 billion domestic tourist trips, 120 million outbound visits and 130 million international tourist arrivals.
For more than 30 years, tourism development in the country has focused on the building of scenic spots, tourist attractions, restaurants and hotels, which is often called the model of "scenic tourism". However, under the current model, the construction and operation of tourist spots and attractions are separated and isolated from the rest of the society. It is imperative that we shift toward a new model of "holistic development of tourism destinations".
Under this model, the country is managed as a tourism destination with standardized functions and the tourism industry is placed at the heart of national development. Through comprehensive and systemic upgrades in economic and social resources, this model would aim to achieve integrated development of resources and industries, promote joint participation and shared benefits involving all sectors of society, and leverage the role of tourism in pursuing balanced economic and social development. To this end, transport, water, urban infrastructure and other resources will be more efficiently allocated across the nation to promote a balanced economic and social development through tourism. A tourism coordination and management system covering the nation will be put in place to enhance comprehensive social management through tourism. This "tourism+" concept will be promoted across the nation to cultivate new productive forces and competitive strengths by merging tourism with other industries. Society will be mobilized to join in the development and share the benefits of nationwide tourism. To put this vision into reality, we have set the goal helping 12 to 14 million people overcome poverty, which accounts for 17 to 20 percent of China's overall target, through the development of tourism over the next five years. The Chinese government places high importance on tourism development and cooperation with all countries, regions and international organizations. We are ready to enhance practical cooperation and share development opportunities with our global partners toward the goal of greater tourism prosperity.
We will take a long view to tourism development and strive to expand the size of the international market. Currently, 153 countries and regions are destinations to host outbound Chinese tourists, 121 of which have formally launched tourist group services. We will endeavor to realize the target of exchanging 20 million tourists with the Republic of Korea, 5 million tourists with the Untied States, 5 million tourists with Russia, 10 million tourists with Thailand and 10 million tourists with Indonesia, and further expand the size of the international tourism market.
Following the goals of ensuring the "safety, convenience and comfort" of tourists, we will continue to ease visa restrictions, improve border tourism policies and streamline entry and exit procedures to reduce the time and cost of travel. We will also enhance communication with our partners, and strengthen and expand bilateral and multilateral exchanges. We are willing to carry out tourism cooperation in the form of "tourism year" with more countries, enhance cooperation with international organizations, deeply engage in multilateral exchanges and cooperation and take an active part in international tourism affairs. For example, tourism cooperation under the Belt and Road Initiative will bring 150 million Chinese tourists and $200 billion in tourism consumption to participating countries over the next five years. In the coming five years, China will launch a series of international cooperation projects on tourism, including the development and protection of tourism resources, consulting services for tourism planning and training of Chinese-speaking tour guides and management staff. We will also provide 1,500 opportunities for training in China and give the best possible assistance to other developing countries to help them create jobs in the tourism sector, leverage tourism's role in improving people's lives and support the global campaign against poverty. We will pay greater attention to resource and energy conservation and ecological protection, bear in mind that "sound natural environment is as important as mountains of gold and silver", promote the transition toward a more efficient model of tourism development, and preserve and utilize natural and cultural tourism resources in a more effective way.
Chinese expenditure on tourism is expected to reach 8 trillion yuan ($1.22 trillion) by 2020, contributing more than 10 percent of the growth in the country's GDP, according to a report about the country's tourism development. About 160 million foreign travelers will visit the country annually, generating tourism revenue of more than $160 billion, said the China Tourism Development Report, which was released by the China National Tourism Administration. China's tourism industry has experienced rapid development since the late 1970s, when the country started its reform and opening-up, said Li Jinzao, chairman of the administration, earlier this month. The industry's contribution to the country's GDP has exceeded 10 percent, Li said, citing statistics from the World Travel and Tourism Council and the State Information Center. China ranks atop the world in domestic tourist trips, outbound trips and tourism consumption, he said. The tourism development report was released ahead of the First World Conference on Tourism for Development being held in Beijing from Wednesday through Saturday. More than 140 countries and regions, industry experts and representatives of international and regional organizations are attending the event.
The development of China's tourism industry is closely associated with the country's economic growth over the past decades, according to the tourism development report. Meanwhile, China has become a major tourism power in the world with regard to the size of its outbound and inbound tourism. As a major source of tourists in the world, the country's outbound tourism has developed rapidly since 2000. In 2014, the number of outbound trips made by residents on the Chinese mainland exceeded 100 million. The revenue generated by inbound tourism has increased from $263 million to $113.65 billion during the same period. Moreover, the booming tourism industry has played an increasingly important role in promoting the country's economic development.
By the end of last year, there were more than 27,300 travel agencies around the country, compared with 7,355 in 1999. The tourism industry contributed 10.1 percent to the country's GDP in 2015, outnumbering other industries including education, banking and automobile, according to estimates by World Travel and Tourism Council. As a sector of the service industry, tourism is also an important source of growth in supply-side reform, which was initiated by the government last year, Li said. The government should promote the integrated development of tourism and other industries and build an industrial mechanism to improve the quality and quantity of tourism products, which is in strong demand from consumers, he said. Travel and tourism bring people together and create cultural understanding, drive economic growth and provide opportunities across gender, geography and skill level.
In the least-developed countries like Bangladesh, tourism can play a vital role in economic growth. Across the globe, the tourism sector has become a critical pillar within national development planning and policies. Recent experience suggests that sustainable tourism can play an important role when it comes to poverty reduction, job creation and infrastructure investment. In adopting the UN 2030 Agenda for Sustainable Development, member states stressed the importance of tourism and included a specific target on tourism in the eighth sustainable development goal, also known as SDG 8, by 2030 - to devise and implement policies to promote sustainable tourism that creates jobs and promotes local culture and products. The First World Conference on Tourism for Development, held under the theme "Tourism for Peace and Development" is thus a unique opportunity to foster a high-level dialogue on tourism's contribution to the 2030 Agenda. Tourism fosters economic growth, promotes inclusive development and has the potential to encourage environmental preservation.
The year 2015 was a landmark year for the international community with the adoption of the SDGs, which will guide our common action toward 2030. Last year was also a special year for tourism as the United Nations General Assembly has decided to declare 2017 as the International Year of Sustainable Tourism for Development.
For the future, I believe we will see an acceleration of the current trends in the direction of sustainable tourism, in both developed and developing countries. All sectors of tourism - from transport to water and energy consumption, to the protection of the natural resources, to job creation and poverty reduction - play an important role. Over the last decade, tourism's contribution to global GDP has been growing at an average annual rate of 2.3 percent since 2005.
Tourism can be a major source of income and employment, particularly if it brings real and tangible benefits to the local communities. However, tourism can also cause social dislocation, loss or destruction of cultural heritage, economic dependence and environmental degradation. Therefore, it is time to promote sustainable tourism, which creates income opportunities for local populations. It can also enhance understanding and friendship between nations, increase environmental awareness and protect the natural and cultural heritages of the destination countries. In this context, we should strive to maximize the potential of tourism for eradicating poverty, by developing appropriate sustainable tourism strategies in cooperation with all major groups, indigenous and local communities. As China's tourism industry continues to flourish, the country is poised to become the world's second-largest travel and tourism economy after the United States.
The rapidly expanding tourism sector poses opportunities for innovation and product differentiation as more Chinese travel at home and abroad, and more foreign tourists visit China. I am convinced that China's leadership in placing tourism as a priority for its development, and an effective tool for poverty alleviation, will be an inspiration to all participants in the conference. China is a large country, rich in biodiversity and ecosystems and rich in history and culture.
My dream is to be able to visit all the sites with rich and unique natural and cultural heritages. Covering an area of about 1 square kilometer, the village has a history of nearly 1,000 years. It was listed as a top 10 destination for countryside tourism in Jiangxi in 2006 and a national 4A-level sightseeing area in 2007.
The village is beside the Fushui River and home to 28 ponds that interconnect with each other. The government of Wenpi township, to which the village belongs, has founded a company to manage tourism in the village. A tourist center has been established with a lounge, an information office and reading areas. An annual tourism cultural festival has been held in Meibei since 2003, at which forums and seminars have been held to discuss protection of the ancient village.
Local folk custom performances have been included in provincial and national cultural and art festivals.
The local authority also participated with the Shenzhen radio station to organize driving campaign to attract travelers from Guangdong province, Hong Kong and Macao. The government compiled a series of regulations in 2007 to ensure that tourism develops with protection.
To preserve the ancient village while improving living conditions, many villagers have moved to newly built apartment buildings outside the village since 2013. The Guian New Area Comprehensive Bonded Zone in Guizhou province will strongly support regional economic development, local officials said.
The bonded zone will be an important platform to strengthen communication between Guian New Area and the outside world. Ma said the zone will grow into a demonstration area for industrial upgrades and a role model for promoting opening-up in Chinas inland areas.
The first phase of the zone, including six roads, warehouse facilities and an information-sharing system, was completed in eight months. The Guian New Area government vows to pay more attention to innovation and ecology to strengthen the zones competitiveness.
Local officials said they will highlight the coordination between growth and ecology and they will stick to five principles for development: innovation, coordination, green growth, openness and resource sharing. The local government said it will prioritize an innovation-driven strategy to support the bonded zones development.
Guian will have better economic structure with support from the bonded zone, said Wang Bing, deputy chief of the zones administrative committee.
The zone will explore new growth models to better serve core industries such as advanced equipment, biotechnology and modern services. According to local statistics, 15 investment projects have established offices in the bonded zone with investment of 2 billion yuan ($307 million). Tellhow E-style, the internet-based big data industrial park in Guian New Area, Guizhou province, will welcome its first batch of businesses in the second half of the year. The park, jointly developed by Tencent and Tellhow Group, is the first of its kind in China, claims the local government.
Developers said companies there will enjoy office facilities, commuting facilities, healthcare, online trading and property management services. Tellhow E-styles operation model is completely different from traditional industrial parks, said Qiu Jun, general manager of Tellhow Groups Guizhou branch. We will use big data technologies to analyze the common features and uniqueness of businesses to help them lower costs and enhance efficiency, Qiu said. Tellhow is one of the companies that participated in setting up Chinas smart city standards.
Tellhow has supported several government projects in Guian over the past few years including its recent cloud system development, Qiu said. The parks construction will be completed in 2020 to serve 800 companies, said Jiang Bing, customer relations manager at Tellhow. Tellhow Guian Digital and Cultural Industrial Park, which is a part of Tellhow E-style, has attracted more than 30 leading companies, including Tencent, IBM and Frank Russell.
The partnership between the Guian government, Tencent and Tellhow will accelerate Guians smart city development, said Ma Changqing, Party chief and head of the administrative committee of Guian New Area.
Li Guoping from Peking University said local developers have to consider more about service quality in the parks construction process so as to support businesses growth.
Editors note: In less than five years since its establishment, Guian New Area has proved to be a hot destination for international and domestic investors in big data and related industries. Guizhou is a crucial strategic center for China to develop technologies of data centers and the partnership (the chip plant in Guian) is a great win-win opportunity for Qualcomm and Guizhou to seize Chinas huge market for data center technologies. We are proud that we have delivered our globally leading data center into a tunnel in Guian to process data for our advanced manufacturing.
Guian is a national-level experimental zone for the big data industry, hosting a great number of data centers by domestic and international companies.


We recently signed an agreement with Guian for developing a big data-based smart agriculture project.
Guian New Area in Southwest Chinas Guizhou province plans to highlight the emerging big data industry to drive its economic growth, according to the local government. The 1,795-square-kilometer new area consists of 20 townships formerly belonging to the cities of Guiyang and Anshun. Since its establishment, the local authorities have made big data and its related electronics industry a priority for development. According to the general development plan for the new area released by the local government, Guians goal is to develop a green data center with international influence, a nationally leading innovation and application base for big data, an intelligent IT terminals manufacturing base in western China, an integrated circuit production base and a hub for cross-border big data transactions. A green data center refers to facilities for the data storage and management in which the mechanical, lighting, electrical and computer systems are designed for maximum energy efficiency and minimum environmental impact.
In addition, the plan also highlights big data-led information and electronics sectors as well as such industries as e-commerce, software outsourcing, smart city development and internet-based finance.
According to the local government, more than 400 enterprises had registered in the new area by the end of 2015. From January 2015 to March 2016, a total of 1.96 billion yuan had been invested in infrastructure construction, as 34 key projects were well underway, laying a solid foundation for the areas future development. Renowned companies from home and abroad have opened or plan to open operations in Guian, including Foxconn, Huawei, Qualcomm, China Mobile, China Telecom, China Unicom, Microsoft, IBM, Sina and Centrin Data Systems. Foxconn said its output value is expected to reach 10 billion yuan this year, creating more than 20,000 jobs. The countrys three biggest telecom operators China Mobile, China Telecom and China Unicom have data centers in Guian. On March 2, Guian New Area held an investment promotion in Beijing, signing agreements for 16 big projects worth 16.1 billion yuan in investment with domestic and overseas investors. Local authorities expect the big data industry will have great significance for Guians development. Ma Changqing, Party chief and head of the administrative committee of Guian New Area, said the big data industry will play an important role in helping Guian build a modern industrial system, create more jobs and improve administrative efficiency by developing a smart city and communities. Ma said Guian has recently launched a smart city operation center, using a cloud platform to facilitate the administration for a range of sectors including medical care, social welfare, education, transportation, tourism, environmental protection and poverty relief. The center can lead to a better connection between the government and residents and help people access more public resources, Ma said. Singapore-Sichuan joint venture focuses on biomedical sciences and interactive digital media, Li Yu and Peng Chao report. Singapore-Sichuan Hi-Tech Innovation Park (SSCIP), an integrated modern new town that serves innovation-driven enterprises and creative talents, jointly developed by Singapore and Sichuan province, is looking for investors in the United States, Japan and Europe, mainly in the fields of biomedical sciences and interactive digital media.
The park will house five main sectors: biomedical sciences, interactive digital media, environmental technologies, high-end manufacturing and assembly and producer services, said Kelvin Teo, CEO of Sembcorp Development, one of the shareholders of Sino-Singapore (Chengdu) Innovation Park Development Co Ltd, developer of the SSCIP.
A design sketch of the western part of the Xinchuan Heartbeat Central Park at the Singapore-Sichuan Hi-Tech Innovation Park.
The five sectors were selected based on the existing complete industry chains and the strong base of intellectual human resource capital of Chengdu and Singapore, Teo said. In order to forge stronger links with the foreign business community, Teo said the park has established a presence in California and Singapore. Construction work on the park, which is located in the southern part of the Chengdu High-Tech Zone (CDHT), began in 2012 and it is expected that all infrastructure will be completed by 2020.
Through the introduction of the Singapore experience, SSCIP is positioned to become a modern, high-end business-cum-residential cluster that will attract both domestic and foreign talents.
Tremendous progress was made last year with construction work on the park, according to Teo.
Another initiative, the Tianfu New Area Cultural Center, with a building area of nearly 100,000 square meters, is expected to open in early 2018. The complex consists of an arts performance center, an arts recreation center and an exhibition hall to stage world-class performances. Joint projects between China and Singapore commenced in the mid-1990s and were initially centered in China's coastal provinces. As a result, Sembcorp focused on the country's southwestern cities and eventually chose to invest in Chengdu. Teo said Sembcorp chose Chengdu not only because of its strategic location, livable environment, efficient government and abundant talent, but also due to its huge market coverage and strong industry capability and resources, especially in the fields of biomedical sciences and IT.
Teo said the SSCIP will serve as a platform for global companies to benefit from the very best of both Singapore and China and participate in the growth of China's vast western and central regions. The SSCIP has benefited from advanced planning and cutting-edge concepts, from development to construction. In order to better serve the talent and innovative enterprises setting up there, Teo said the park includes carefully planned residential and commercial elements, with all work and live amenities within walking distance.
He said the park will encourage high-end high-value manufacturing that can be conducted in an office or clean-room setting.
The park will also incorporate the "neighborhood center" concept among its residential properties, which will improve residents' accessibility to basic needs such as healthcare and community services, he said.
The development of the park is backed by a series of national strategies, such as the Belt and Road Initiative, the Yangtze River Economic Belt development, the State-level Tianfu New Area and the latest plan to develop the Chengdu-Chongqing city cluster.
During President Xi Jinping's visit to Singapore last November, the two countries announced the launch of the third government-to-government project between China and Singapore, with an operation center in Chongqing. Teo believes that the third government-to-government project will also benefit the development of the park.
The Chongqing project focuses on modern connectivity and the modern service industry to form a network across China's vast western region that will promote local social and economic development, according to Teo.
Lu Xianping, CEO and chief scientific officer of Chipscreen Biosciences Ltd, one of the first key projects registered in the park, said the park is a crucial part of the city's reinvention as a center of innovation. The excellent bilateral relations between China and Morocco have led to increased trade and cooperation in a range of fields, and given both countries the opportunity to share their respective cultures and experiences.
The foundation for the strong economic ties that bind the two countries is the Commercial and Economic Agreement signed in Rabat in 1995.
Although the Agreement has provided a good platform for bilateral cooperation, Morocco and China have decided to deepen their relationship through the establishment of a "strategic partnership", with the aim of enhancing trade and promoting investment. A strong will has been displayed at the highest political level to ensure that this partnership is fully supported, particularly in relation to economic and trade-related activities. The state visit of Morocco's King Mohammed VI to China on May 11 and 12, heralds the deepening of relations between the two countries and gives new impetus to existing ties, which are founded on mutual trust and solidarity.
This new partnership will embrace sectors that are of vital interest to both countries, most notably the economy, investment and trade, industrial development, finance, infrastructure and tourism. Economic cooperation between Morocco and China has, in general, been on an upward trend, with a trade volume that topped $3.5 billion in 2015. Despite this, Morocco has a huge trade deficit because of its record imports from, and low exports to, China.
Morocco hopes for more investment from China, as well as a greater transfer of technology, and greater cooperation over infrastructure construction.
Major Chinese companies, including Huawei Technologies, ZTE Corp, China Overseas Engineering Group, China North Industries Corp, Sinhoydro, China International Water and Electric Corp and Shanghai Dier Deep Fisheries, are developing their business in Morocco.
This new economic partnership between Morocco and China, which was fostered by the forum, is the realization of a new ambition to diversify and balance trade between Morocco and China.
Further to this, it is hoped that the partnership will improve cooperation between Moroccan and Chinese banks, attracting more Chinese investment to Morocco. Morocco's markets are more open than ever before to Chinese companies, and they offer a modern business environment, integrated industrial platforms and necessary infrastructure and services. Morocco is also willing to enhance productivity in existing fields of cooperation between the two countries while working with China to develop new sectors for business cooperation and investment. It has diversified and achieved a remarkable performance in the primary, secondary and tertiary sectors. Morocco's Emergence Plan offers Chinese investors a range of excellent opportunities in sectors such as aerospace, automobile, electronics, textile and leather, offshoring and agro-business. In addition, the Green Morocco Plan aims to facilitate the development of a modern and competitive agriculture industry, and the Moroccan Solar Energy Plan, which has already had investment of $9 billion in industrial, R&D and training components, will place the kingdom at the forefront of global renewable energy production. There are seven reasons why Chinese companies looking to expand and invest overseas should choose Morocco: cost competitiveness, strong and stable macroeconomic performance, free trade access to 1 billion consumers, world-class infrastructure, a qualified labor force, tailored plans for individual industry sectors and an improving business climate.
Morocco's economic stability stems from its strong and stable macroeconomic performance and the gradual introduction of a range of reforms to develop its business environment, infrastructure and social environment. It has a clear route map in terms of global development, and tailored strategies covering all productive sectors, from the aerospace and automobile industries to offshoring and agro-business. It is developing a strong processing industry, especially in fertilizers and textiles, and is penetrating new export markets.
In the medium- and long-terms, Morocco can play a more central role in shaping economic relations between China and the rest of Africa. Trade between Morocco and China is set to increase exponentially and this will improve the standard of living in both countries. Last but not least, the opening of a direct air link between the two countries will significantly contribute to both increased tourism and stronger economic ties. During the last decade, China and Morocco have shared a common conviction in their approach towards Africa. Trade between Morocco and China has grown rapidly; but, more importantly, that trade has evolved in nature. While still imbalanced, the structure of imports and exports tells us a lot about the vigorous economic relationship at work and is a great indication of the potential that lies ahead. One might think that Morocco's exports to China consist mainly of raw materials, but a closer examination shows a different picture: 28 percent of the $530 million of goods we exported in 2014 were integrated circuits, and around 10 percent were garments.
At continental level, Morocco and China are on the path of building a trilateral relationship aiming at giving more market depth to both partners. Last November, the Moroccan city of Marrakech hosted the first Sino-African Business Summit, at which more than 500 participants discussed how this partnership could be strengthened and how we should together tackle the challenges that lie ahead. For the first time, business communities from China, Morocco - and the rest of Africa - engaged in an open dialogue that helped create opportunities and lift some of the possible misconceptions about China's economic agenda in the region.
Experts who participated in this important event agreed that Morocco and China would create more value by working together than by pursuing their own individual paths, especially in the greater northwestern part of Africa. In addition, analysts are increasingly convinced that Morocco gives China the best platform when it comes to setting up industrial investments to reach the 400 million French-speaking consumers of West Africa. Morocco's institutional and macroeconomic stability make it an ideal location for long-term investments, and its strong regulatory framework contributes to the country's business-friendly environment.
Most of all, Morocco shares a common ambition with China, which is to become a strategic partner in Africa's development by helping create a strong, resilient consumer-based market. Furthermore, Morocco established Casablanca Finance City in 2010, a pan-African financial center that has rapidly become the leading financial center in Africa, ranking first in the latest Global Financial Centers Index (GFCI). Casablanca Finance City provides both status and a comprehensive fiscal package to financial institutions and the regional headquarters of multinational corporations aiming at developing their businesses and investments in Africa. To date, more than 100 multinational corporations have acquired the CFC status, including information and communication technology solution provider Huawei, insurer AIG, carmaker Ford, the Boston Consulting Group, investment fund Abraaj and BNP Paribas. Leading mall investor and operator Taubman Centers from the United States is looking for more opportunities in the Chinese market by expanding its presence in second- and third-tier cities. Located at the heart of Xi'an's new central business district and administrative center, CityOn.
Taubman said the company started to adjust its development strategy five years ago and shifted its focus to the Chinese market. The second CityOn mall is expected to open in Zhengzhou, the capital of Central China's Henan province, later this year, Taubman said. Liu said the pressure of developing city or regional shopping malls in first-tier cities, such as Beijing, Shanghai and Shenzhen, is great due to fierce competition and high construction costs. Taubman said the populations in China's second- and third-tier cities have already reached the standard of first-tier cities in the US, and they have the capacity to support development. Considering the wide use of the internet and the changing behavior of consumers, CityOn mall will also speed up efforts to improve customers' shopping experiences by combining online and offline services and marketing activities. China's economic growth has slowed in recent years, and some industry insiders believe the bearish macro environment will bring a slowdown to shopping across the country. Despite the threat of an online retailing boom, the report pointed out that some traditional retailers and brick-and-mortar mall developers are already adjusting their marketing strategies and adopting new technologies to drive more business.
Taubman said the company has maintained an optimistic attitude toward the potential growth of the Chinese market as the industry undergoes its first stage of evolution. Taubman Asia and Wangfujing said they are discussing further business expansion in China, such as opening outlet centers and entering China's western cities. The scenic city of Guiyang is implementing major measures to boost its big data industry in an effort to provide a blueprint for other cities across the nation. Guiyang has taken a number of measures to develop its big data industry in recent years, local officials said. The city's new efforts aim to grasp growth opportunities in the industry that has developed rapidly both at home and abroad and is showing great future potential.
The big data industry has been designated as one of the three strategic sectors in the 13th Five-Year Plan (2016-20) in Southwest China's Guizhou province. The provincial capital of Guiyang hopes to pilot the development by releasing preferential policies and enhancing the construction of infrastructure facilities. Guiyang has also boosted infrastructure construction and spent 3.14 billion yuan ($484 million) on information infrastructure in 2015.
Total investment in the park is about 1 billion yuan and the second-phase construction is slated for completion this year.
The city jointly held the 2015 China E-commerce Innovation and Development Summit with China Network Television. Guiyang has organized big data-related promotional activities in regions including Beijing, Shanghai and Shenzhen and signed agreements for 162 projects with investment worth more than 170 billion yuan.
In July, the Ministry of Science and Technology approved Guiyang's plan to build an experimental area for big data technological innovation.
The area will help create a good environment for innovation and explore sustainable development strategies for underdeveloped cities in western China, local officials said. They said Guiyang hopes to promote mass entrepreneurship and innovation related to big data in the city. The city government said Guiyang will attract more than 100 big data projects this year and foster one or two leading big data companies which are nationally influential.
With the rapid growth of big data industry in Guiyang, capital of Southwest China's Guizhou province, companies in the city are finding success with the emerging business of outsourcing call centers.
One company in Guiyang that has seen success as a call center outsourcing operator is Xutong Big Data Co Ltd. It said call centers are an effective way for its clients to cut costs, generate sales and better maintain customer relations. In two years, the company has a staff of 1,050 call center agents and a client list that includes Sinopec, Petro-China, China Mobile, China Unicom and Haier.
Zhao Quanqiang, executive vice-president of Xutong, said the government's strong support for call center outsourcing businesses as well as the city's hardworking spirit and growing big data industry are key advantages for the city.
Zhao said a company could have applied for a 1 million yuan ($154,000) subsidy from the government for offering jobs and training locals as call center agents. The city's other main advantage is the lower costs of hiring employees compared to other large cities in the country. Yan Xiaobin, chairman of the China Call Center and BPO Association, said he is optimistic about Guiyang's development in call center outsourcing business. He said the call center business can play an important role in upgrading Guiyang's economy because it is a labor-, knowledge- and technology-intensive sector. According to Chen Gang, the city's Party chief, Guiyang will use its big data and call center businesses to drive its overall development and to make the city a call center outsourcing hub with global influence.
With the rapid development of big data technology and its wider application in the commercial field, Guiyang is seeking to lead the nation in big data transactions. China's first big data exchange - the Guiyang Big Data Exchange - became operational on April 14, 2015. The exchange, also known as the GBDEX, offers a range of services for data assets transactions, big data cleansing, modeling and analysis, transactions of data futures, as well as financing for the industry. According to Wang Sanshou, executive president of the exchange, the GDGEX had 360 members by the end of 2015. He said many enterprises hope to save their data collected from business operations in the GBDEX, expecting the exchange to offer them added value through processing, modeling and analyzing. Wang said the long-term goal of the exchange is to have annual transaction volume surpassing 10 billion yuan. He said the goal is practical because big data will be among the most valuable assets in the future with further development of the internet and other information technologies.


He said the exchange would encourage more entrepreneurs to use the GDBEX's big data platform for starting businesses and expanding markets. The executive president said the biggest problems they face are the legislation needed for data transactions and the protection of the property rights of big data. Wang said there should be an authoritative party to confirm the ownership rights of the data before they are traded at the exchange.
He said Guiyang is making some tentative experiments in this field by developing a big data special zone.
When he arrived on April 11, he says he discovered his fellow guests at the hotel were almost entirely Chinese. The next day, he rose at 6 am and took a shuttle bus to the 60,000-seat Kim Il-sung Stadium to join more than 500 international runners at the starting line. This year, the marathon started in Rungrado May Day Stadium, the largest arena in the world with a capacity of 150,000, and reportedly attracted at least 1,000 runners from outside the DPRK. The route through downtown Pyongyang passes some major landmarks, including Kim Il-sung University and the city's Arch of Triumph.
He says there were no security checks at the starting line or portable toilets, and that the rules for runners' attire were unusual. In the end, Hu finished outside 3 hours 52 minutes, almost 16 minutes slower than his personal best but eight ahead of the event's closing mark, a relatively tough task for many amateur runners. Hu, who works for a media company in Beijing, says his lasting impression is of the local spectators. Hu Jinnan travels around the world to take part in various competitions, such as the marathon in Pyongyang in April. The Chengdu plant of Dongfeng Peugeot Citroen Automobile - DPCA, a joint venture with French carmaker PSA Peugeot Citroen and Chinese automaker Dongfeng Motor Corporation, is scheduled to go into trial production in May. Located in the State-level Chengdu Economic and Technological Development Zone, also known as the CEDZ in the eastern part of Chengdu, it is DPCA's fourth manufacturing plant in China.
The Chengdu plant will mainly produce vehicles for both the Peugeot and Citroen brands as well as Dongfeng's Fengshen brand, with a focus on high-end sport utility vehicles and multi-purpose vehicles. In December 2015, the plant's first all-new SUV ran off the assembly line, just 14 months after its foundation was laid in October, 2014. The new model, whose internal code name is the P84, was developed in partnership with European plants and will launch simultaneously in the Chinese and European markets. Louis Gallois, chairman of the supervisory board of PSA Peugeot Citroen, called the construction speed of the Chengdu plant a "miracle", as it generally takes about two and a half years to build such a plant. Wu Zheng, a senior manager of the Chengdu plant, said the plant uses world-leading technology, making it both highly efficient and environmentally friendly.
There will be several themed forums for participants to exchange ideas on economic and business matters. The events will promote the development of a range of sectors, including tourism, talent services, finance, regional development, expos and services for foreign companies, according to the organizers.
For instance, Ningbo will host a summit to promote global cooperation on the development of new-energy vehicles such as plug-in electric cars. Organizers said that the exhibition hall will be separated into five main areas, including zones for homeware and decoration, kitchen and bathroom products, import businesses, service trades, and small and medium-sized factories.
Companies will demonstrate their achievements and latest research in a number of sectors, including high-speed rail, new-energy vehicles, telecommunications and power generation. A total of 185 business contracts and agreements were signed at the expo, according to the Ningbo government. Though China's tourism industry is behind in its development compared to other countries, the nation has emerged as a major destination for tourism and has maintained strong growth momentum. Tourism will serve as a means to deliver a greater sense of gains and real benefits to the people.
We are willing to create enabling conditions for companies to invest in overseas markets by holding international tourism fairs, tourism investment forums and tourism business roundtables. China, which is rich in diverse tourism resources, reported 130 million international tourist arrivals in 2015. The number stood at 120 million last year, a marked surge compared with 2.98 million in 1992, according to government statistics. The number of inbound tourist trips has increased from 1.8 million in 1978 to 130 million last year. China has been and remains by far the fastest-growing tourism source market in the world and in Denmark we have also had the pleasure of experiencing a significant growth in tourism from China. As we are celebrating US-China Tourism Year in 2016, US industries and government are working together to welcome increasing numbers of Chinese visitors. Today, tourism contributes to global GDP like never before - but our challenge is to ensure much greater economic empowerment at the regional level and in local communities.
The sector has a unique ability to act as a powerful engine for advancing sustainable development. The conference provides a timely platform for identifying best practices, lessons learned and for exchanges of experience.
Accounting for 10 percent of the world's GDP, the sector has a vast potential to address some of the world's most pressing challenges. Moreover, tourism can help us build a more tolerant and peaceful society through the millions of encounters that take place every day around the world. It is included in three of the goals for its capacity to promote economic growth, local culture and better resource management. I hope to see both the tourism industry and tourists themselves practice sustainable tourism.
Many of the buildings were constructed during the Ming (1368-1644) and Qing (1644-1911) dynasties, including schools, temples, shrines and sculptures. Local residents believe the ponds represent the 28 constellations in the heaven in traditional Chinese legends and protect the village.
That number increased to 80,000 in 2013 and it welcomed more than 100,000 visitors in 2014. It has invested more than 8 million yuan ($1.2 million) since 2006 to improve the village's infrastructure in fields including transportation, service facilities and safety. New residences are not allowed without permission, and buildings with different fashions from the ancient village will be redecorated. Primary and middle schools in the township often organize visits to the village, teaching the students to treasure the cultural relics and protect the natural environment. It is a solid foundation for building a demonstration area for Guizhous opening-up, said Ma Changqing, Party chief and head of the administrative committee of Guian New Area. Office and urban facilities were also built during the first phase, allowing companies to begin operations immediately after moving into the zone.
It maintained high standards in construction and investment projects selection, said Li Zhihui, one of the appraisal experts and also deputy director at the processing trade and bonded system department of the General Administration of Customs. The zone will cut unnecessary administrative procedures, promote free trade and provide market-oriented financial services in the coming years. The first-phase project, covering 100,000 square meters, is slated to be completed this year. Our business achieved outstanding results in sectors such as smart energy, smart healthcare and smart government system design. The system can also help shops in the park deliver goods to buyers in 15 minutes, Jiang added. We believe there will be many companies looking to establish offices in the park, Qiu said. It will not be a good industrial park if there is no professional service team and long-term development goal, Li said. In recent interviews, executives of the companies praised the environment and growth potential of the area, the preferential policies offered by the government, as well as the enterprising and practical spirits of the local officials. A company focusing on the construction and application of educational big data platforms, Zhanneng Technologies has received crucial policy support from the local government. We are optimistic about the project because of Guizhous excellent ecology and the strong support of Guians big data industry. The practical and enterprising spirits of local officials were one of the factors that helped us make that decision. It became a national-level new area in January 2014 with the approval of the State Council.
It is designed as a new economic driver and a demonstration area for opening-up and eco-friendly development in Guizhou province. From January 2015 to March 2016, the facility produced 7.3 billion yuan worth of products, including smartphones for the Huawei, Xiaomi and Meizu brands.
With the completion of their first-phase construction last year, these facilities now can accommodate more than 100,000 servers. The projects include big data centers for medical imaging, modern agriculture and cloud-based payment, and also cover such fields as smart manufacturing and internet-plus automaking. The park covers 10.34 square kilometers and is designed to accommodate innovation-driven enterprises, technology and a residential population of between 120,000 and 150,000.
The road system's trunk roads were completed and opened to traffic and the west part of Xinchuan Heartbeat Central Park, which features green spaces and public amenities, is expected to be completed soon. Three other major projects are also under construction, including two incubation parks - New Generation IT Incubation Park and Biomedical Innovation Park invested by Chengdu High-Tech Investment Group and an operation base of OPPO, a well-known Chinese mobile phone manufacturer. This changed in 2011 when Sembcorp leveraged on the opening of China's western region as an investment hub for the region.
All economic activities will largely be based on HQ control towers, R&D and back-end service centers. Chipscreen developed Chidamide, a first approved selective HDAC inhibitor for cancer treatment, and Chiglitazar, a configuration-restricted PPAR pan agonist, for type 2 diabetes in phase III development in China. The park is planned to be a cluster of both industry and residential areas, and its facilities and infrastructure are reasonably well developed, which is appealing to us," Lu said.
During the visit, the strategic partnership agreement will be signed by the king and President Xi Jinping. To address this imbalance, major Chinese companies have chosen Morocco for their direct investment in recent years. China can also engage in greater industrial cooperation with Africa and Europe by using Morocco's geographical advantages and its free trade agreements that allow access to markets in 55 countries, representing 60 percent of global GDP. It was attended by seven Moroccan ministers, other high-level government officials and 400 investors.
This policy clearly reflects the king's desire that the Moroccan and Chinese private sectors make a greater contribution to the promotion of the strategic partnership.
Many factors made this performance possible, including strong and stable economic growth at 5 percent annually over the past 10 years, and inflation controlled at less than 2 percent.
Morocco has designed strategies and policies for each of these sectors to ensure that they offer competitive, profitable and fast-growing projects. All of these plans have given Morocco new impetus, and Chinese companies can make a significant contribution to the country's continuing growth.
In addition, the Moroccan embassy in China will gladly offer every assistance to Chinese investors looking to develop and market their products in Morocco.
It is among the top destinations for foreign direct investment in Africa and offers investors the advantage of free trade access to 1 billion consumers. Chinese investors are taking a growing interest in Morocco and this will drive the increase in trade. Both countries have placed the continent at the core of their economic development strategies and both have heavily invested on the economic and social levels. The reasons for this are simple: our economic strategies in the region complement one another, and there are more areas in which it is in our best interest to cooperate rather than compete.
To that end, Morocco included a specific initiative within its 2014 plan for industrial acceleration, which will provide Chinese companies with dedicated industrial zones where they can establish complete ecosystems in order to boost their productivity and increase their export capabilities in the area.
For us, this was a clear signal that the strategic and economic partnership between China and Morocco is reaching a new dimension, which we hope to intensify over the coming years.
Xi'an Shopping Center in Xi'an, the capital of Northwest China's Shaanxi province, on April 28. Xi'an Shopping Center is a modern, 90,000-square-meter, seven-level shopping center with plenty of amenities for shoppers, including easy parking with 2,200 spaces, as well as convenient traffic conditions.
Xi'an Shopping Center will create a shopping experience that is sure to satisfy the diverse tastes of people across the region," said Robert S. Zhengzhou Shopping Center will host more than 200 international and local top retailers and have food and beverage offerings.
She said more opportunities will be seen in China's second- and even third-tier cities in the future. We saw a very good opportunity here, because of the strong support from such a large population.
However, China Mall 2020, a white paper report on the future of China's retail sector jointly released last year by Taubman Asia and Mingtiandi, a Chinese market research firm, forecast sustainable growth in Chinese consumption.
It has also conducted research and issued a report on big data development that examines and forecasts trends in the industry, its influence on the economy and new services.
The project's first phase was completed in May 2015 to allow free Wi-Fi on the city's major roads and main public areas, covering an area of 12.8 square kilometers. Renowned international companies like Hewlett-Packard have launched their data centers in the city. It boosted rural and cross-border e-commerce and has developed new business, such as e-commerce big data analysis. More than 1,300 big data and related companies set up shop in the city last year, taking the current total in the city to more than 5,000. The International Big Data Expo 2015 and Global Big Data Era Guiyang Summit attracted many foreign and domestic companies and helped Guiyang become more influential in the nation's big data sector, local officials said. It has worked to attract more investors and businesses from the big data industrial chain and to build itself into an experimental area for innovation and startups.
The company became a telecom operator in 2003 and began to offer call center outsourcing services in 2014.
But Zhao warned that cost-effective labor is not enough to ensure the success of such a business.
The members include such domestic big names as Taikang Life, Tianhong Asset Management, China Unicom, Alibaba, JD, China Life, Huawei and iSoftStone.
What we transact here are the analysis results based on big data, not the big data itself," Wang said. The package cost about 5,000 yuan ($770) and included a round-trip to Pyongyang on Air Koryo, hotel accommodation and entry to the marathon. Photography was allowed during the race, according to Hu, but people were told to show "respect" to portraits and statues of state leaders. For example, entrants were told beforehand not to use compression wear under their suits because "it is adverse to the tastes of the Korean people", although he says that the dress code was not strictly enforced. He says they were much more active and enthusiastic than he expected, in particular the women and children inside the stadium and along the marathon route. There will also be a permanent exhibition area where imported goods will be displayed throughout the year. Denmark has a lot to offer Chinese visitors, and especially our royal palaces and castles are very popular. Beginning with the extension of validity for tourist and business visas from one to 10 years in 2014, we are working to increase mutual cultural understanding and to provide visitors with an enjoyable travel experience. Tourism development that is managed in a sustainable, responsible and environmentally friendly manner can make a real difference in developing countries that boast relatively undiscovered tourism gems. The forum aimed to promote a better appreciation of the existing business opportunities offered in Morocco and China, and open up new economic prospects for the two countries. Along with this, various reforms have been introduced to improve the country's business climate, making the country attractive to both national and international investors.
Bilateral economic relations will be further diversified to encompass unexplored sectors of mutual interest.
It is the outcome of a collaboration between Taubman Asia, a subsidiary of Taubman Centers, and Wangfujing Group, one of China's largest department store chains.
And in China, we also have the same standard in building such malls," said Taubman, adding that he is confident in the opportunities brought by the two projects. Xi'an Shopping Center accounts for about 30 percent of the total space while in other malls owned by Taubman the proportion is about 12 percent.



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Comments

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