Projects worth 27.7 bln yuan inked at China-South Asia Expo
HIGHLIGHTS
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The 10th China-South Asia Expo in Kunming signed deals worth 27.7 billion yuan
- 68 countries and 2,301 enterprises participated, expanding global procurement reach.
Deals worth over 27.7 billion yuan (around 4.07 billion U.S. dollars) were signed during the 10th China-South Asia Expo, which concluded in Kunming, capital of southwest China's Yunnan Province, on Tuesday.
The signed contracts included 10.25 billion yuan in domestic and foreign trade projects and 17.49 billion yuan in investment cooperation projects, up 20.9 percent and 28.5 percent, respectively, from the previous expo.
The six-day event attracted participants from 68 countries, regions and international organizations. A total of 2,301 domestic and overseas enterprises participated in the event.
For the first time, enterprises from 45 countries, including Germany, Brazil and Egypt, joined the procurement activities, expanding the expo's international reach, said Li Chaowei, director of the Yunnan provincial department of commerce.
The expo has put an emphasis on enhancing regional trade and industrial cooperation under the theme "Solidarity and Coordination for Common Development."
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