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Over 60 agreements were concluded at Tianjin Cooperation Conference, attracting investment of RMB 41 billion.
enorth.com.cn   2009-04-21 14:59

 

(Enorth.com.cn)In the afternoon yesterday, the signing ceremony for the investment and cooperative projects was hold at the 16th Investment & Trade Fair of Tianjin, China. Sixty domestic and international investment projects were concluded at site, mostly involving trade and commercial land, infrastructure industry; advanced manufacturing such as automobile, electronics, airplane parts, equipment, machinery, chemical industry and new energy; modern service industry such as investment companies, R&D center, management and consultancy, trade & logistics, tourism & recreation, idea and finance; environmental protection and modern eco-agriculture. In which, 30 domestic projects attracting investment of RMB 41.037 billion and 30 foreign-funded projects attracting investment of 2.16 billion USD.

Except for projects concluded at site, there is a batch of domestic and foreign-funded projects under negotiation. It is estimated that, by the end of the fair, agreements for over 40 domestic projects will be concluded, with contract value of RMB 56 billion; contracts for over 70 foreign-funded projects is expected to be entered into, with a contract value of over 5 billion USD.


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Editor: Zhang Jialu

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