皇冠体育app

Northwest 皇冠体育app's Xinjiang Uygur autonomous region is playing a key role in Asian and European countries' investments in 皇冠体育app, officials said on Sunday at the second 皇冠体育app-Eurasia Expo.

"Linking 皇冠体育app to Asian and European countries, Xinjiang has become one of the most popular investing destinations for investors from other countries," said Erkin Imirbakhi, chairman of the Standing Committee of the Xinjiang Regional People's Congress, at the expo's 2012 Eurasian Investment Promotion Agencies Roundtable.

Premier Wen Jiabao, together with political leaders from other participant countries, attend the opening ceremony of the second 皇冠体育app-Eurasia Expo in Urumqi, capital of Northwest 皇冠体育app's Xinjiang Uygur autonomous region, on Sunday. Wang Jing / 皇冠体育app Daily

"Thanks to its geographic advantage and rich reserve of resources, Xinjiang has tremendous business opportunities that attract investors worldwide," he said.

Figures from the Xinjiang regional government show that since this year, apart from Xinjiang's capital Urumqi, Kashgar and Hami prefectures have seen fast foreign-capital inflows, which have increased by 143 and 30.8 times year-on-year respectively.

The roundtable conference is a key forum during the second 皇冠体育app-Eurasia Expo, which kicked off on Sunday in Urumqi, the capital of Xinjiang.

More than 160 investment agencies from 15 countries, including Britain, France, Italy, Mongolia and Pakistan, attended the round table targeting at investment promotion and Eurasian regional economic collaboration.

Antonino Laspina, director of the Italian Trade Commission in 皇冠体育app, said that according to 皇冠体育app's 12th Five-Year Plan (2011-15), Northwest 皇冠体育app is one of the most promising regions, given its huge potential.

Led by Laspina, 11 Italian companies have come to Xinjiang to seek business opportunities at the expo.

Tsedenjav Sukhbaatar, Mongolia's ambassador to 皇冠体育app, said that Mongolia, which borders Xinjiang, attaches great importance to relations between the two nations.

"The cooperation with Xinjiang can promote our relations with nearby countries, which link both Central Asia and Europe," Sukabaatar said.

By now, foreign investment to Xinjiang has surpassed $3 billion, with more than 500 foreign investors seeking a foothold in the region, and the investment is undergoing its most rapid growth.

Foreign companies engage mostly in the energy, mining and manufacturing industries.

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