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China 18:52, 16-May-2023
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E China's Zhejiang Province signs contracts worth $9.85 billion with foreign countries
Updated 20:06, 16-May-2023
CGTN

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A Singaporean container ship at the Dapukou Container Terminal at Zhoushan Port, Ningbo City, east China's Zhejiang Province, March 3, 2022. /CFP
A Singaporean container ship at the Dapukou Container Terminal at Zhoushan Port, Ningbo City, east China's Zhejiang Province, March 3, 2022. /CFP

A Singaporean container ship at the Dapukou Container Terminal at Zhoushan Port, Ningbo City, east China's Zhejiang Province, March 3, 2022. /CFP

East China's Zhejiang Province inked 21 major foreign investment deals totaling $9.85 billion on Tuesday in Ningbo City, which also witnessed the start of the third China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair on the same day.

The deals were signed at the 24th China Zhejiang Investment & Trade Symposium Forum's signing ceremony for major foreign-funded projects investing in Zhejiang.

It's expected that 62 foreign investment projects with a total investment of $17.78 billion will be signed during the symposium forum. The contracted projects are mainly from the U.S., Germany, France, Belgium and other countries and regions.

The signed projects include investment in high-end equipment manufacturing, biomedicine, digital economy and other high-tech industries.

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