Fraport AG Gets Approval To Invest In Xi'an Airport

Wolfgang Schwalm, principal of press office of Fraport AG, told local media that Fraport AG with China West Airport Group will form a joint venture to operate and manage the Xi'an Xianyang International Airport.

Chinese Tourism Industry Getting Gaining Increased Investment

Wang Zhifa, vice director of the China National Tourism Administration, said at the Yunnan Tourism Industry Development Meeting that according to initial statistics, there is an incremental capital of about CNY150 billion invested in Chinese tourism industry annually.

Fraport AG Intends To Invest In New Kunming Airport

According to local media, the State-owned Assets Supervision and Administration Commission of Yunnan Provincial Government has signed a memorandum of understanding with Fraport AG on strategic cooperation for the new Kunming airport.

HNA Group Invests In New Yunnan Airlines

HNA Group says that it has signed a strategic cooperation agreement with the State-owned Assets Supervision and Administration Commission of Yunnan Provincial Government to form a joint venture airline in Yunnan.