Zhejiang Establishes First AI + Cultural Tourism Industry Fund
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In October 2026, the Zhejiang Cultural Technology Innovation Fund was officially established, with a total scale of 1 billion yuan, jointly funded by the Zhejiang Provincial Cultural Investment Group and the Hangzhou Gongshu State-owned Investment Group. It is Zhejiang's first industry fund focused on the AI + cultural tourism direction, and has currently reserved 26 proposed investment projects. Related reports state that the fund was officially established on October 10. The same report also mentioned that during the 7-day National Day holiday, nationwide domestic trips totaled 826 million person-times, and total domestic tourism spending was 738.375 billion yuan, up 6.3% and 4.3% year-on-year respectively on a comparable basis in average daily terms versus 2025, and the country received a total of 2.983 million inbound tourist person-times.
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- TripVividZhejiang's first AI+cultural tourism industry fund lands, with a total scale of 1 billion yuan
The Zhejiang Cultural Technology Innovation Fund was officially established on October 10, with a total scale of 1 billion yuan, jointly funded by the Zhejiang Provincial Cultural Investment Group and the Hangzhou Gongshu Guotou Group. It is Zhejiang's first industry fund focused on the AI+cultural tourism direction, and has currently reserved 26 proposed investment projects.
- TripVividZhejiang's 1 billion yuan AI + cultural tourism industry fund lands; total domestic travel spending during the National Day holiday was 738.375 billion yuan
The Zhejiang Cultural Technology Innovation Fund has been officially established, with a total scale of 1 billion yuan, jointly funded by the Zhejiang Provincial Cultural Investment Group and the Hangzhou Gongshu State-owned Investment Group. It is the province's first industry fund focused on the AI + cultural tourism direction, and has already reserved 26 proposed investment projects. During the 7-day National Day holiday, there were 826 million domestic trips nationwide, and total domestic travel spending was 738.375 billion yuan, up 6.3% and 4.3% year-on-year respectively on a comparable daily average basis versus 2025. Nationwide, a total of 2.983 million inbound tourist visits were received.
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