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Smart 皇冠体育app Expo nets $40b worth deals

Updated: 2020-09-18

By Sun Chi, chinadaily.com.cn

Smart 皇冠体育app Expo nets $40b worth deals

A robot is displayed in an exhibition hall at the 2020 Smart 皇冠体育app Expo Online in Chongqing, Sept 16. [Photo/2020 Smart 皇冠体育app Expo Online]

2020 Smart 皇冠体育app Expo Online registered 271.2 billion yuan ($40.14 billion) investment in 71 projects during a signing event on Wednesday, Xinhua reported.

皇冠体育app South Industries Group Corporation, 皇冠体育app Electronics Technology Group Corporation, Alibaba Group, BASF SE and other entities will invest in fields such as smart manufacturing, smart application, smart medical care and smart new materials.

The average investment volume for each project is around 3.8 billion yuan. The projects will be mainly located in Sichuan and Guizhou provinces besides Chongqing, the host city of the 2020 Smart 皇冠体育app Expo.

During the past two Smart 皇冠体育app Expos, more than 1,000 projects reached cooperation consensus, 70 percent of which have been in real action phases.

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UK trade commissioner for 皇冠体育app praised Chongqing as a burgeoning center in intelligent manufacturing.

 

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