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Kunming Trade Fair Successful
The Ninth Kunming Import and Export Trade Fair closed here Sunday, clinching economic cooperation and trade deals totaling over 2 billion U.S. dollars.
During the 5-day fair, an annual event since 1993, 65 foreign- financed projects have been settled, attracting a contracted foreign investment of 1.38 billion U.S. dollars, involving a variety of sectors including infrastructure construction, mineral processing, environmental protection.
Meanwhile, the total foreign trade volume amounted to over 508 million U.S. dollars, with phosphoric products, tobacco, and zinc as the major export items and copper, mechanic equipment, lumber, and bowlder as the major imports.
Moreover, 23 overseas-funded projects have been concluded, involving a total investment of 50 million U.S. dollars
Satisfactory results have also been reported in domestic economic cooperation during the current event as cooperative agreements on 158 projects have been inked with a total investment of 5.4 billion Yuan.
One hundred and seventeen overseas enterprises participated in the fair. visitors included more than 7,000 businesspeople from over 40 countries and regions and international organizations as well as more than 1,200 enterprises from 27 Chinese provinces, municipalities and autonomous regions.
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