Country for PR: China
Contributor: Xinhua News Agency
Wednesday, June 26 2019 - 17:19
AsiaNet
Investment trade fair in Haixi generates projects worth 23.5 b yuan
XINING, China, June 26, 2019 /Xinhua-AsiaNet/ --

A three-day investment and trade fair featuring sustainable development for 
Haixi Mongolian Tibet autonomous prefecture in Northwest China's Qinghai 
province ended on 22 June, according to the Publicity Department of the CPC 
Haixi Mongolian Tibet Autonomous Prefecture Committee.

Seventy-eight projects valued at 23.49 billion yuan (US$3.42 billion) were 
signed at the Haixi Sub-Fair of 20th Qinghai China Investment and Trade Fair 
for Green Development. The projects cover many areas, such as chemistry (salt), 
new materials, equipment manufacturing and tourism.

Among those, projects related to Qaidam's pilot zone of circular economy 
totaled 13.84 billion yuan.

Wen Guodong, secretary of the prefecture committee of the CPC, and also 
Qaidam's pilot zone of circular economy, said the development of a circular 
economy is essential to Haixi in achieving high-quality development, and local 
government will work to bolster a better business environment to attract 
investment.

The fair came after the launch of a three-year action plan for the promotion of 
a circular economy by the National Development and Reform Commission, Ministry 
of Commerce, and Ministry of Ecology and Environment.

Source: The Publicity Department of the CPC Haixi Mongolian Tibet Autonomous 
Prefecture Committee
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