BIZCHINA / Investment Alerts
Yuncheng rolls out red carpet for investors
By Jia Jingqi (China Daily)
Updated: 2006-07-25 14:05
With a batch of well-selected projects, Yuncheng is going to attract
investors from both home and abroad at the 2006 Shanxi (Hong Kong)
Investment Attraction Fair that opens today in the Hong Kong Special
Administrative Region.
"It is the first time that Yuncheng and even Shanxi Province hold an
investment promotion fair outside the province," Zhang Maocai, secretary
of the Yuncheng Committee of the Communist Party of China, told China
Daily in an exclusive interview.
Eleven major cities and prefectures of North China's Shanxi Province will
showcase their projects for overseas investment at the fair that will
last until July 27.
"Governments at various levels have attached great importance to this
fair," Zhang said, adding that Yuncheng, which cherishes this great
opportunity, has fully prepared for it.
Yuncheng, the southwestern gate of North China's Shanxi Province, is
active in implementing the opening-up policy.
According to Zhang, the city has made strides in areas of agricultural
processing, aluminium magnesium alloy production, precision casting, fine
chemistry, modern logistics, water saving technology, disposal of garbage
and sewage, as well as many advances in the cultural and tourism
industries.
"And this time, there are more than 100 investment projects, with an
emphasis on the service sector, infrastructure, public service,
environmental protection, social work, and State-owned enterprise
reform," Zhang said.
"We highly value this opportunity," Zhang said, adding that the
hinterland city has to open up further, co-operate with developed areas
such as Hong Kong, where capital, technologies, and talented human
resources are concentrated, and get ready for industries to come in from
outside of China.
"I believe the Hong Kong fair will inject new and robust momentum to
Yuncheng's growth, which is also our main aim for this business trip."
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