KYOTO -- Kansai needs to wake up and exploit its economic potential as an attractive tourist destination and center for industrial innovation, local business leaders said Thursday.

One session at the 41st annual Kansai Economic Summit was devoted to the issue of turning the Kansai region in general -- and Osaka in particular -- into a tourist and convention center.

About 460 people are attending the two-day summit, including local business, financial, academic, and government leaders, as well as members of the international business and diplomatic communities.