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Yantai seeks investment from top multinationals

(China Economic Net)

17:09, October 27, 2011

Edited and translated by Zhao Guobing, People's Daily Online

A few days ago, the Yantai Multinational Company Strategic Cooperation Seminar was held in Beijing, its first major economic and trade activity aimed at the world's top 500 companies, leading enterprises, financial organizations and their representatives in China.

Nine major projects, including a sewage treatment plant in Xi'an and the Sonoma Wine Culture Center project, successfully signed contracts with multinational companies and the total investment was nearly 3.8 billion U.S. dollars.

These projects vary from new energy, environmental protection, tourism, commerce, logistics, science and technology, urban construction to high and new technology, which will surely help Yantai inject new vitality into the transformation of the mode of urban development and the restructuring of economy.

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