The 2017 Web Summit has grandly opened in Lisbon, Portugal. The event runs from November 6th to 9th. Industry leaders (CEOs, tech celebrities, investors, prominent politicians, etc.) have gathered in one city to brainstorm for the revolution of human technological progress.
It is evident that the hosting of this Web Summit will further drive the all-round development of the Portuguese economy. Portugal's tourism industry is one of the key components of its economy. In recent years, a high-quality, diversified, and vibrant tourism sector has made Portugal a favorite among many Chinese tourists. According to statistics from the Portuguese Tourism Board, the number of Chinese tourists in Portugal increased by 44% from January to April 2016 compared to the same period in the previous year.
The rapid growth of the tourism industry has also driven other related sectors. According to data released by the Portuguese Hotel Association (AHP) at the end of August, the hotel occupancy rate in Portugal reached its highest level in the past 12 years during the first half of the year. The Portuguese catering industry has also ushered in a new spring due to low tax rates, high consumption volume, and a high-end consumer base.
At the same time, the Portuguese real estate industry has also shown a significant growth trend. According to data released by Statistics Portugal, the construction sector grew by 20.7% in the second quarter of 2016 compared to the same period last year. The property price index also rose from 90.3% at the beginning of 2015 to 96.6% in April 2016, an increase of 6.3 percentage points. The economic boom has driven social development, and Portugal's unemployment rate is continuously decreasing, with a very positive employment outlook.
This year, Portugal's performance across various fields has been commendable, and the momentum of its economic recovery is evident. The real estate, tourism, and emerging technology industries are all set for significant development. The hosting of this Web Summit will greatly promote Portugal's economic development while bringing new investment opportunities to Portugal and numerous investors.
As a hot destination for overseas investment, Portugal is highly sought after by many Chinese investors. For investment immigration to Portugal, invest only 500,000 Euros, with no language or academic requirements, and one application allows three generations to obtain European status! You can own property, immigrate, and enjoy multiple benefits simultaneously.
Creating brilliance together for 20 glorious years! On the occasion of the 20th anniversary of WorldWay Group, to express gratitude for the support and trust of new and old clients over the past 20 years, we are launching the "WorldWay Group 20th Anniversary, Grateful Grand Rewards" campaign from now until November 12, 2017. During the event, WorldWay Group is offering numerous major discounts to share the joy with investors. For details, please call: 400-138-2929.
