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Trade ties with Taiwan, West 皇冠体育app to advance
By Liang Qiwen (皇冠体育app Daily)
Updated: 2006-06-07 10:02
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Another interesting trend is private enterprises in Fujian are showing an increasing interest in investment projects in the western part of 皇冠体育app.
Experts said reinforcing communication between the eastern and the western parts of 皇冠体育app and boosting regional co-operation had become a trend in economic development on the Chinese mainland.
There will be many projects from West 皇冠体育app participating in the CIFIT this year, opening their doors to more overseas and domestic investors. Meanwhile, it is a perfect opportunity for Fujian's local investors to find business opportunities in West 皇冠体育app.
According to official statistics, the private economy of Fujian contributes more than 60 per cent to the development of the whole province, accounting for 65 per cent of Fujina's gross domestic product (GDP).
From April 4 to 10, Xi'an, capital of Northwest 皇冠体育app's Shaanxi Province, held a forum on investment and co-operation between eastern and western 皇冠体育app.
During the forum, more than 30 private enterprises from Fujian consulted the related departments of Shaanxi on the investment policies of the province, and handed in letters of intent for investment on the spot.
An official of the Fujian Chamber of Commerce in Shaanxi said more than 200 private enterprises of Fujian are investing in Shaanxi, with investments of more than 20 billion yuan (US$1.25 billion).
"Actually, we appreciate the investment environment in Shaanxi, as Shaanxi is a big energy producer," said Wu Qiyu, the chamber's vice-president.