Deals worth over 300 bln yuan expected to be signed at investment fair
Source: Xinhua | 2020-11-14
A total of 380.5 billion yuan (44.19 billion U.S. dollars) worth of deals are expected to be signed at an investment fair which opened Friday in Shenyang, northeast China's Liaoning Province, organizers said.
The 137 deals to be signed during the five-day Liaoning International Fair for Investment and Trade cover various fields such as equipment manufacturing, information technology and product processing.
A series of activities focusing on economic and trade cooperation with Japan and the Republic of Korea, both of which are important sources of foreign investment for China's northeastern region.
Northeast China is one of the country's major automobile manufacturing bases. At the opening ceremony of the fair, Jochen Goller, president and CEO of BMW Group Region China said the company is expected to further increase its footprint in China.
"Today's event takes place at the right time," said Goller, noting that the long-term strategic directions that China recently put forward lay the foundation for future sustainable development, which greatly reinforces the company's confidence to further grow with China.
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