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Economy

Over RMB400 bln deals signed at 4th China-South Asia expo

June 21, 2016


Abstract : Nearly 284 deals worth over 420 billion yuan were signed at the fourth China-South Asia Expo in Kunming, capital of the southwestern Yunnan Province.

KUNMING, June 21 (Xinhua) -- Nearly 284 deals worth over 420 billion yuan were signed at the fourth China-South Asia Expo in Kunming, capital of the southwestern Yunnan Province.

Domestic investment projects with contract amounts exceeding 10 billion yuan were 6 deals, involving a total value of 108.9 billion yuan,while the volume of foreign trade contracts worth over 100 million US dollars were 7 deals.

Last year, the total value of signed deals at the expo stood at nearly 25.2 billion U.S. dollars.

Co-hosted by China's Ministry of Commerce and the provincial government of Yunnan, the six-day event focused on international cooperation of industrial capacity, the building of economic corridors, and technology innovation and transfer. (Edited by Yang Yifan, yangyifan@xinhua.org) 

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