Trade value of HTF reaches 150 billion yuan

Updated : 2013-06-19

By Le Qin ( chinadaily.com.cn )

A signing ceremony concerning agreements for economic and trade cooperation projects that were achieved at the 24th China Harbin International Economic and Trade Fair (HTF) was held on June 16.

The ceremony involved 181 cooperation projects, and this means that the total trade value achieved at the HTF reached 151.82 billion yuan ($ 24.79 billion). The projects include 13 that will be located in Harbin, involving an investment of 38.33 billion yuan ($ 6.26 billion).

Shanghai Greenland Group will invest 13 billion yuan ($ 2.12 billion) to build a new town with a large commercial plaza. Beijing Renhe Commercial Holdings Co., Ltd will invest 10 billion yuan ($ 1.63 billion) to build an agricultural products logistics park in Xiangfang district in Harbin.

Other projects located in Harbin include an exhibition center for LED products, a Coca Cola relocation and expansion project and Zhongyi Harbin Cultural World project.

The foreign cooperation projects were signed with the US, France, Russia, Korea and New Zealand, while domestic projects involve Beijing, Shanghai, Zhejiang, Hong Kong, Taiwan and other provinces.

Edited by Niva Whyman