The other day, Commerce Department of China approved that Ningbo International Travel Agency can be established in Ningbo. This is the first travel agency which involves foreign capital.

The travel agency will mainly deal with such travel items as domestic travel, international travel, car lease, reference reception and ticketing. The total investment into the agency reaches 1 million USD while the registered capital also reaches 1 million USD. The travel agency is expected to help Ningbo to develop domestic travel, international travel market.

(Source: Website of Ningbo City Government)