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On January 25, 2011, Gansu provincial Party committee and Gansu provincial government, under the guidance of the innovative cluster development strategy of "promoting civil aviation by highway and tourism by transportation", integrated the assets of high-grade highways and relevant civil aviation airports in Gansu Province, and established Gansu highway Aviation Tourism Investment Group Co., Ltd. (hereinafter referred to as "air travel group"). Air travel group is a state-owned capital investment company integrating highway, aviation, tourism and finance in Gansu Province. It is responsible for the investment and financing construction, cultivation and development of high-grade highway, local railway, general aviation, cultural tourism and other undertakings in the province, and is solely invested, controlled (participated) in relevant local financial institutions, so as to prosper the local financial market. In the seven years since its establishment, under the strong leadership of the provincial Party committee and the provincial government, the group has completed a total of 22 billion yuan of financing, and its financing mode has filled many gaps in Gansu's financing varieties. In China, China's one belt, one road, was launched in November 2016. The public Shipping Group successfully issued $500 million in debt abroad, creating a precedent for Gansu enterprises to issue bonds abroad. It publicized Gansu's strategic position as a "golden belt" and a major development area in the western region, and highlighted the strong attraction of China's economy and China's credit to the global capital market. In November 2017, CITS successfully issued another EUR 410 million (equivalent to about USD 500 million) of bonds overseas, which is the second overseas financing business carried out by CITS. In July 2017, air travel group, together with CCCC, China Railway, China Railway Construction and China Metallurgical Group, established a highway industry fund of 200 billion yuan in Gansu Province. It has set up 20 billion yuan of navigation development fund, 10 billion yuan of RV campsite investment fund, etc.; it is setting up 50 billion yuan of Gansu Provincial Tourism Industry Fund. In December 2017, together with the above four central enterprises, air travel group signed strategic cooperation agreements with 14 cities and prefectures of our province on expressways, navigable airports and tourism projects, with a total of 104 signed projects and an investment scale of about 500 billion yuan. The signing of this contract will further accelerate the construction of expressways, navigable airports, tourism and other infrastructure in our province, promote the sustainable development of economy and society, and provide a strong guarantee for our province to successfully complete the task of poverty alleviation and build a moderately prosperous society. In the past seven years, the group has invested 2200 kilometers of expressways, accounting for more than half of the completed expressways in the province; 1330 kilometers of expressways under construction, 1360 kilometers of expressways to be built, accounting for more than 60% of the planned uncompleted expressways in the province, effectively alleviating the "bottleneck" constraints of poor road traffic on economic and social development. Zhangye, Xiahe, Lanzhou Zhongchuan Airport Phase II and other civil airports have been built; the first International Navigation Conference of the Silk Road (Zhangye) has been successfully held in Gansu Province, and the opening of Gansu's navigation operation has been opened by the establishment of the navigation operation company. With a total investment of 3 billion yuan, six scenic spots, such as Danxia in Zhangye, have been developed, with an average annual growth of about 30% in the number of tourists; an earlier RV campsite in Gansu Province has been built; a large-scale, high-level and full-featured tourist complex in Northwest China has been built, which is the main venue for the opening ceremony of the 2017 Dunhuang travel Silk Road International Tourism Festival; it is planned to More than 10 billion yuan has been invested in the development of cultural tourism complex projects such as Wuwei Leitai cultural tourism complex, Zhangye Danxia north entrance characteristic town, Baiyin international slow city tourism resort, etc. Eight kinds of financial institutions have been set up successively, such as guarantee companies, small loan companies and Internet financial companies with large-scale market-oriented operation in Gansu Province, to prosper the local financial market. As the main sponsor, Huanghe Property Insurance Co., Ltd., an earlier local legal person insurance company in Gansu Province, officially opened on January 16, 2018. It is the first company in our province operating in the nationwide distribution. The grand blueprint described in the 19th National Congress of the Communist Party of China for building a moderately prosperous society and realizing the Chinese dream of the great rejuvenation of the Chinese nation points out the way forward for the reform and development of the air transport group, and injects new impetus and vitality. In accordance with the overall plan of the provincial Party committee and the provincial government, the group will keep in mind its mission, actively assume the political, economic and social responsibilities of the state-owned enterprises, focus on the strategy of "road oriented, diversified development", and continue to carry forward the spirit of "not afraid of difficulties, dare to take responsibility, and really grasp the practical work", and promote all things Industry linkage development, improve the quality and efficiency of development, and strive to achieve new development goals!

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