China's Chongqing, Sichuan to hold trade exhibition in Myanmar

A trade exhibition of China's Chongqing and Sichuan will be held at the Yangon Trade Center in Yangon from June 29 to July 1 to introduce their export commodities, said organizers at a press conference Thursday.

China's Chongqing and Sichuan Export Commodities Exhibition 2004 is sponsored by the Chongqing Municipal People's Government and Sichuan Provincial People's Government, and organized by the China Council for the Promotion of International Trade (CCPIT) of Chongqing and the CCPIT of Sichuan.

Exhibits will cover locomotive, motorcycle, light truck, electric equipment, paper and textile equipment, farming apparatus and accessories, laminate flooring, household appliances, telecommunication facilities, medicine, agro-related chemicals and food.

The bilateral economic and trade relations between China and Myanmar have continued to develop in recent years. According to official statistics, the bilateral trade, including the border trade, exceeded 1 billion US dollars in 2003.

China has proposed to strive for a bilateral trade volume of 1.5 billion by 2005.

Other figures also indicate that China has so far injected over 64 million dollars into Myanmar in over 10 projects, ranking the 15th in the line-up of Myanmar's foreign investment.

Source: Xinhua