{"id":33117,"date":"2006-01-26T23:21:49","date_gmt":"2006-01-26T15:21:49","guid":{"rendered":"http:\/\/www.chinahospitalitynews.com\/2006\/01\/26\/cyts-announces-new-rmb100-million-investments\/"},"modified":"2006-01-26T23:21:49","modified_gmt":"2006-01-26T15:21:49","slug":"cyts-announces-new-rmb100-million-investments","status":"publish","type":"post","link":"https:\/\/www.chinahospitalitynews.com\/cn\/2006\/01\/26\/33117\/","title":{"rendered":"CYTS Announces New RMB100 Million Investments"},"content":{"rendered":"<p><img decoding=\"async\" height=\"60\" src=\"http:\/\/www.chinahospitalitynews.com\/images\/cyts_logo_120x60.gif\" width=\"120\" align=\"right\">China Youth Travel Service (CYTS) announced that it will open a subsidiary in Shanghai. CYTS will invest RMB80 million in the new company and also provide RMB20 million to its Beijing subsidiary Beijing CYTS Chuangge Technology Company.<\/p>\n<p><a><\/p>\n<p><\/a><\/p>\n<p>According to Zhang Lijun, a director at CYTS, the Shanghai company will open after Spring Festival and will specialize in inbound, domestic and outbound travel.<\/p>\n<p>Local media report that Shanghai travel agencies, including Shanghai Spring Travel Service and Jinjiang Travel Service, are concerned as to whether CYTS can find a footing in Shanghai.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China Youth Travel Service (CYTS) announced that it will open a subsidiary in Shanghai. CYTS will invest RMB80 million in the new company and also provide RMB20 million to its Beijing subsidiary Beijing CYTS Chuangge Technology Company. According to Zhang Lijun, a director at CYTS, the Shanghai company will open after Spring Festival and will [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12723],"tags":[],"class_list":["post-33117","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/comments?post=33117"}],"version-history":[{"count":0,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/posts\/33117\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/media?parent=33117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/categories?post=33117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinahospitalitynews.com\/cn\/wp-json\/wp\/v2\/tags?post=33117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}