Industrial and Commercial Bank of China, Sichuan branch of the Sichuan Provincial Tourism Bureau signed a "strategic cooperation agreement to support development of tourism industry in Chengdu. Under the agreement, the Industrial and Commercial Bank of China, Sichuan branch to Sichuan's tourism industry in the next five years for a total of 30 billion yuan of the intention of financing support.
The proposed agreement, the Sichuan branch of ICBC will be based on the annual work plan of the Sichuan Provincial Tourism Bureau, coordinating organization affiliates focus on supporting the tourism industry in Sichuan Province "12th Five-Year Planning key projects; to promote tourism products and services through M & A loans, corporate restructuring mergers and acquisitions and tourism reform, train and support a number of tourism enterprises bigger and stronger; will make comprehensive use of long-term loans, temporary working capital loans, bridge loans and other structured finance product portfolio, intensive control the cost of financing. Sichuan Provincial Tourism Bureau will fully support the ICBC to participate in the development of the tourism industry, to provide financial services to actively assist the tourism enterprises and key tourism industry projects; tourism industry is also responsible for the establishment of investment and financing the project database, project resource sharing.
Signing ceremony, the Sichuan Branch of ICBC branches, respectively, with the Culture & Tourism Group in Chengdu, Sichuan Tourism Development Group, Chengdu Century City New International Convention & Exhibition Center Co., Ltd., Emeishan - Leshan Giant Buddha heritage conservation Authority units signed a cooperation agreement . Source: China Tourism News
