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Thursday, April 27, 2000, updated at 16:17(GMT+8)
Business  

East & West China 2000 Trade Fair Concluded in Success

According to CRI's report, the 2000 China's East and West Cooperation, Investment & Trade Fair was concluded with great success in Xi'an on April 9.

Sources from the news center of the fair say that 752 contracts on domestic horizontal joint projects have been signed, involving a gross investment of 31.5 billion yuan. There are 173 contracts on foreign-funded projects, with investment totaling US$1.86 billion. The gross import and export volume came to US$ 572 million, including US$ 527 million for exports, and US$ 45 million for imports.

It is reported that notable changes have taken place in the structure of projects inviting outside investments, with infrastructure construction, comprehensive development of modern agriculture, ecological environment protection, the tapping of superior resources, and characteristic economy becoming the key points of the trade fair. Prominence is given to high-tech industrialization and tourism resources development. Technological enterprises become the main exhibitors, accounting for over 60 percent of all exhibitors.




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Sources from the news center of the fair say that 752 contracts on domestic horizontal joint projects have been signed, involving a gross investment of 31.5 billion yuan. There are 173 contracts on foreign-funded projects, with investment totaling US$1.86 billion. The gross import and export volume came to US$ 572 million, including US$ 527 million for exports, and US$ 45 million for imports.

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