Inner Mongolian city aims to become top travel spot

Chifeng, located in the southeastern part of North China's Inner Mongolia autonomous region and an important city along the ancient Silk Road, is aiming to become a top traveling spot for grassland self-driving tours and an international tourism destination, by integrating its unique culture and tourism resources.

It boasts distinctive traveling resources such as grasslands, lakes, deserts, forests, rock features and red mountains.

In late January, a group of enterprises signed cooperation agreements with the local government of Inner Mongolia, with investments worth 20 billion yuan ($2.96 billion). Hebei province-based RiseS-un Real Estate Development Co Ltd is investing the bulk of the capital, contributing 16 billion yuan.