Guiao Group and Tsingta Culture Industry Planning Design and Research Institute (Peking) announced a cooperation deal to set up an industrial development company at a signing ceremony on Sept 4.

The industrial company will build a think tank to perform research, consultation and public service related to efforts to revitaliaze the rural economy, as well as establishing industry alliances to boost economy in rural China through the tourism and culture industries.

Both heads of Guiao Group and Tsingta Culture Industry said to build the new company an integrated platform is necessary, combined with strategy-making, public service and talent cultivation in rural areas.

Guiao Group was established in 2014 as an agriculture big data company and is one of the leading enterprises in Guian New Area.

Li Hanyi contributed to the story