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Last updated at: (Beijing Time) Friday, September 12, 2003

Investment & Trade Talks of 6th Beijing Int'l Hi-tech Expo Fruitful

At the investment trade talks of the 6th China Beijing International High-tech Expo held on September 11 (which fell on the traditional Chinese Moon Festival), contracts were successfully signed between domestic and foreign investors on one hand and capital seekers on the other on 45 projects with the contract value reaching US$ 650 million, projects involving environment protection, energy, traffic, crop cultivation and aquaculture, intensive processing of agriculture, education, tourism and processing. Rich fruits were reaped at the time of celebrating this traditional Chinese festival.


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At the investment trade talks of the 6th China Beijing International High-tech Expo held on September 11 (which fell on the traditional Chinese Moon Festival), contracts were successfully signed between domestic and foreign investors on one hand and capital seekers on the other on 45 projects with the contract value reaching US$ 650 million, projects involving environment protection, energy, traffic, crop cultivation and aquaculture, intensive processing of agriculture, education, tourism and processing. Rich fruits were reaped at the time of celebrating this traditional Chinese festival.

Compared with previous expositions, this one was of distinct characteristics. Firstly, enterprises in west China were more enthusiastic about participation, and foreign investors showed great interest in west China. Secondly, the expo was more pragmatic. No grand opening ceremony was organized and more time was left for talks between Chinese and foreign participants. Thirdly, more big Chinese and foreign companies attended the talks, more project contracts were signed which involved greater value.

Over 350 distinguished guests both at home and from abroad attended the expo, including the representatives of the world top 500 enterprises from the United States, Germany and Italy and some officials from foreign embassies in China, bringing with them more than 2,000 investment and cooperation projects valued at around US$ 3 billion.



By PD Online Staff Liu Wei


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