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Tertiary Industry Attracted Large Foreign Investment

The 15th China Zhejiang Investment and Trade Fair (ZJITF), the 12th China International Consumer Goods Fair (CICGF) and the 6th China Opening-up Forum were closed on June 11. In four days, the “Two Fairs and One Forum” attracted over 40,000 merchants altogether, of which the scale, class and level were improved remarkable than before.

The ZJITF organized 15 trade talks altogether, attracting 14,500 overseas merchants with 170 two-way investment projects with both foreign and internal investment.

87 foreign-invested projects with a total investment of 12.81 billion US Dollars and contractual foreign investment of 5.13 billion US Dollars were signed, 53 of which were large projects with a total investment of 12.34 billion US Dollars and the contractual foreign investment of 4.83 billion US Dollars. Investment was given

priority to sole proprietorship, joint venture second and to the tertiary industry first. The quantity, total volume and contractual foreign investment of the tertiary industry accounted for 52.9%, 82.5% and 80.3% of the total respectively.

At the fair, 206 tourism projects were introduced with a total investment of 260 billion Yuan for overseas and domestic investment. 56 projects were signed with a total investment of 111.22 billion Yuan.

In addition, 140 Zhejiang enterprises were attracted to the assistance projects to the Nagqu County of Tibet and the Uygur Autonomous Region of Xinjiang with a total investment of 8 billion Yuan, 6 contracts for Nagqu with investment of 0.28 billion Yuan and 21 contracts for Uygur with investment of 7.98 billion Yuan.

At the “Two Fairs and One Forum”, the China Zhejiang Export Product Exhibition was held, attracting over 13,500 overseas and domestic purchasers with a total turnover of 0.46 billion US Dollars. 12, 608 domestic purchasers and 57,000 audiences attended the exhibition, reaching 176 cooperation intention with investment of  176 million Yuan and achieving actual turnover of 18.35 million Yuan.
 
The 2013 China Opening-up Forum, with the theme of “new changes in the world economy and further deepening of China’s reform and opening-up” attracted over 500 audiences. Six other sub-forums were held with over 960 audiences from all walks of life.

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