综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Companies

Frasers Hospitality bullish on China's expansion

By Zhao Tingting (chinadaily.com.cn) Updated: 2016-05-05 09:54

Singapore-based Frasers Hospitality unveiled its plan to open 10 more properties in China's key cities, according to the company's CEO Choe Peng Sum.

"The expansion of our portfolio in China reflects not only our success in meeting the evolving needs of China's buoyant domestic and international travel market, but also clearly demonstrates our confidence in China's steady rise as a global economic powerhouse", Choe said at the opening ceremony of Fraser Place Tianjin on Friday.

The global hospitality asset management and operations group established presence in China in 2005 with Fraser Place Shekou Shenzhen.

"Altogether we have 14 in operations now. We will open another 10 in China's cities where Frasers has an established presence, Tianjin, Wuxi, Chengdu, Shanghai and Shenzhen, and new market launches in Nanchang, Dalian and Changsha," said Choe.

The strengthening of Frasers Hospitality's portfolio, which is right on track to reach its goal of 30 properties with 7,000 units, in China is a significant contributor to its global expansion target of 30,000 units by 2019.

Choe expressed his belief in China's economic development and transition, and added that China can maintain its growth.

Although China lowered its growth target this year, "frankly speaking, 6.5 percent GDP growth is very high compared to a lot of countries all over the world."

"China has a big population, when you have a big enough population, you have an internal consumption that is able to sort of support the growth of economy. The government has put in place infrastructure not only for the first-tier cities but for second- and third tier-cities, that also forms a very good backbone for future growth," Choe said.

About China's current slowdown, Choe said: "I still feel that although the world economy is very flat, a lot of China's slowdown is due to government self-imposed methods to have a soft-landing. In other words, if the government didn't impose these controls, the country could enter a bubble economy, which means very fast growth and then a hard-landing which is even worse."

Hot Topics

Editor's Picks
...
汪清县| 卢龙县| 甘德县| 东莞市| 西乌珠穆沁旗| 隆子县| 陇川县| 孙吴县| 义乌市| 贺兰县| 金门县| 梁河县| 永登县| 阜城县| 洪湖市| 汉寿县| 阿尔山市| 潍坊市| 株洲县| 玉山县| 三原县| 朝阳市| 卢氏县| 潜江市| 阳城县| 海城市| 洪泽县| 临夏县| 浦北县| 荃湾区| 绍兴县| 宽城| 师宗县| 新巴尔虎左旗| 许昌县| 叙永县| 延吉市| 兴义市| 浦东新区| 山丹县| 深水埗区|