China has announced plans to build three new hotels and three new apartment blocks in the capital, Beijing, after a two-year review of the city’s infrastructure.
The announcement was made at the start of the third week of the Three-Week Tour of Beijing, an international tourism festival that starts on Wednesday and runs until April 25.
The two new hotels will be the country’s first to be built in Beijing since the country opened its first hotel in 1998, and the new apartments will be China’s first ever residential buildings in the city, which has seen a rapid rise in population.
The construction will involve using concrete and other materials that were used to build the existing hotel.
Construction will be carried out in two phases, starting in 2018 and finishing in 2021, said a statement by the Chinese Ministry of Construction.
Construction of the new hotel will cost approximately 4 billion yuan ($750 million), according to the statement.
China is the world’s second-largest hotel and tourist attraction after Paris, with the country having more than 50 million rooms per year.