Business brisk at 16th China Harbin Fair

Business deals worth 2.63 billion USdollars were struck at the 16th China Harbin Fair for Trade and Economic Cooperation by Thursday.

Information from the organizing committee said that contracts of internal trade and economic cooperation, with a combined value of 37.75 billion yuan (about 4.55 billion US dollars), were concluded at the fair.

Thirty-one domestic trading delegations signed foreign trade contracts worth 1.73 billion US dollars with businessmen from 26 countries and regions. Heilongjiang Province took the lion's share,with a contractual value of 1.19 billion US dollars.

Commodities on the export contract list include frozen pork, textiles, garments, auto spare parts and home appliances, while commodities on the import contract list are timber, pulp, processed oil, raw materials for the chemical industry, medical equipment, chemical fertilizers and pesticide.

The current fair also saw the conclusion of 14 agreements on labor and contract projects, worth 120 million US dollars.

The six-day 16th China Harbin Fair for Trade and Economic Cooperation will close on Sunday. It had attracted representativesfrom the UN Industrial Development Organization (UNIDO), Russia, Japan, the Republic of Korea, Singapore and Malaysia, and 10 government and trade departments in Hong Kong for the first time.

Source: Xinhua