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Hangzhou Xixi Investment & Development Co., Ltd. was established in 2004 as a joint venture between Hangzhou Commerce, Trade & Tourism Group Co., Ltd. and the Xihu District Government. It is controlled and operated by Hangzhou Commerce, Trade & Tourism Group, with registered capital of 300 million yuan.

Hangzhou Xixi Investment & Development Co., Ltd. focuses on the development of high‑quality projects, primarily engaging in real estate development, tourism resource development, property management, hotel management, rental of its own properties, and industrial investment. It is currently operating and managing Hangzhou’s first international tourism complex—the Xixi Paradise project.