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Bureaus Exclusive

Records refresh in Investment & Trade Forum in Xi'an

By Yuan Yue (China Daily Shaanxi Bureau)
Updated: 2010-04-13 09:00
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The 14th Investment & Trade Forum for Cooperation between East&West China concludes on April 12 after a five-day ride in Xi'an, Shaanxi province.

The forum this year has attracted more than 140 thousand investors from home and abroad, as well as 700 thousand visitors, hitting a new record.

It is the first time that all 31 provinces, municipalities and autonomous regions in the country have attended the forum.

The total foreign investment amount this year has reached 6.962 billion yuan, a 39% increased compared with last year; meanwhile, the investment of joint domestic projects rose by 25.9% over the previous year to 498 billion yuan, according to the executive committee.

The forum highlights low-carbon and circular economy, aiming to convert into a new economic pattern and to adopt a new economic structure in the cooperation between east and west China.

Also, April has been made "Investment and Trade Month" from this year on to provide investors with more opportunities, according to Yao Chaoying, Assistant Secretary General of Shaanxi Provincial Government.