| Following several years of high visibility research, industry events and awareness building of
        travel and tourism’s economic contribution in China, Hong Kong SAR and Macau SAR, the World Travel & Tourism Council (WTTC)
        recently welcomed two new Chinese Members to the Council. The new Members are Hong Kong and Macau based: Ms Pansy HoManaging Director
 Shun Tak Holdings Ltd
 and Beijing based: Mr
        Duan Qiang, ChairmanMr Mei Yunxin, President
 Beijing Tourism Group
 The Council’s new Chinese Members signal the growing support for WTTC’s extensive agenda of economic research and policy activities in China and continuing
        efforts to translate the potential for growth into long-term industry development and job creation. Most recently,
        the WTTC signed a cooperative agreement with the Chamber of Tourism Commerce in China (TCC), to update and extend its recent groundbreaking
        Country Report for China and Hong Kong SAR. The focus of the new project will include China, Hong Kong SAR, Macau SAR and several other Chinese regions
        selected for an in-depth study of the regional impact of travel and
        tourism as well as deeper analysis of national and regional policy issues, which are limiting the growth
        of travel and tourism in China. Jean-Claude Baumgarten, President of
        the WTTC said, “After several years of effort by WTTC to build awareness of Travel & Tourism’s potential in China, we are witnessing
        the awaking of the local industry and key industry leaders who are committed to help China build its industry and achieve its economic objectives. I am proud to
        welcome Shun Tak Holdings and the Beijing Tourism Group to WTTC and believe this is just the beginning of our growing list of Members based in China.” See
        other recent news regarding:
        WTTC
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