Chinese investors interested in the tourism industry visit Okinawa

Chinese investors interested in the tourism industry visit Okinawa

Chinese delegation exchanges views with officials of the Okinawa Prefectural Government on September 20, at the OPG office.

September 21, 2011 Ryukyu Shimpo

A Chinese delegation, including representatives of the China Investment Association and investment-related companies visited the Okinawa Prefectural Government (OPG) Office on September 20 to exchange views with the people responsible for industry policy, industrial site promotion, transport policy and various other sections.

OPG officials explained its policy and the current situation in which it has been promoting and attracting investment from overseas with tax incentives, including subsidies for companies and data centers that have been moving from other areas of Japan to Okinawa since the Great East Japan Earthquake. They also emphasized that the All Nippon Airways (ANA) international cargo hub project based at Naha Airport gives Okinawa logistical advantages and suggested that Chinese companies would benefit by setting up in Okinawa.

Members of the Chinese delegation showed interest in the Okinawan tourism or resort industry, saying, “In China, our government has regulated overheating investment, but we have sufficient funds and would like to actively expand our business overseas.”

The person responsible for the Bank of East Asia, the largest Chinese bank in Hong Kong, was among the delegation, which arrived on September 18, and visited the Okinawa IT Shinryo Park on September 20.

(English Translation by T&CT, Mark Ealey)

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