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Sunday, September 02, 2001, updated at 13:45(GMT+8)
Business  

Trade Fair Opens on Silk Road

Urumqi, a famed city on the ancient foreign trade route "Silk Road", has witnessed arrivals of over 10,000 business people as an annual trade fair opened Saturday.

The 10th Urumqi Foreign Economic and Trade Fair held in west China attracted 20 trade delegations from countries and regions like Germany, Australia, Japan, Russia, Hong Kong Special Administrative Region, and Taiwan Province.

The biggest trade delegation is Guangdong delegation from south China. Headed by its governor Lu Ruihua, the delegation consists of more than 2,800 delegates from some 600 firms.

Zhang Zhou, vice-chairman of Xinjiang Uygur Autonomous Region, hoped that the trade fair would serve as a platform for both Chinese and overseas business people to conduct cooperation.

Dignitaries will deliver keynote speeches on Japanese-Chinese trade relations, economic and trade cooperation between Kazakstan and Xinjiang, Russia's China trade policy, Hong Kong's economy and the go-west movement.

Organizers have prepared 256 investment projects, ranging from agriculture, petrochemicals, infrastructure construction to tourism.

Last year's trade fair ended with a total transaction volume of 1.58 billion U.S. dollars.







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Urumqi, a famed city on the ancient foreign trade route "Silk Road", has witnessed arrivals of over 10,000 business people as an annual trade fair opened Saturday.

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