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1983: First foreign capital funded hotel established in GZ
Latest Updated at 2008-November-20 11:07:29

Construction of the first Sino-foreign five-star hotel, the White Swan Hotel in Guangzhou, was completed in 1983. It was the first high-class hotel in China that allowed ordinary citizens to visit.

With the opening of the White Swan Hotel, Hong Kong capital began flowing into the Chinese mainland, creating a new Chinese and foreign economic cooperation.

Editor: Yan

By: Source: Newsgd.com
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