Deals for projects in a new development area in Fuzhou and construction of the "Maritime Silk Road" were signed at the Cross-Straits Fair for Economy and Trade held from May 18 to 22 in the capital of Fujian province.

The expo has become an increasingly influential event for promoting investment between Taiwan and the Chinese mainland. It exhibits famous local products from Taiwan and offers a series of activities to boost cooperation in the creative industry, equipment manufacturing and tourism.

On opening day alone, a group of investment projects worth 100 billion yuan ($16 billion) were concluded, including 55 projects for the Fuzhou new area along with 30 from the United States, the United Kingdom, France and Germany as well as Taiwan, Hong Kong, Shanghai and Guangdong.