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Thursday, 09/16/2004 8:27:55 AM

Thursday, September 16, 2004 8:27:55 AM

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The 8th China International Fair on Investment and Trade was concluded on September 11. 4 days of scrupulous talks by Jiangsu delegation have finally borne out fruitful results on both fronts, namely FDI attraction and investment overseas. A total of 56 investment initiatives have been reached with overseas businesses, involving a total investment of 607 million USD and a contractual FDI of 435 million USD. 8 projects each have investment over 10 million USD, covering such areas as information and electronics, bio-pharmaceutical, thermal-electricity cogeneration, agricultural byproduct processing, environment care, chemical and equipment manufacturing. 29 projects of domestic economic cooperation were agreed upon, registering a total investment of 1.747 billion RMB. Companies which are first-timer outbound investors and project contractors also struck rewarding deals at the Fair.

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