CHENGDU, April 12 (Xinhua) — Chengdu, a major city in southwest China, showed its attraction to investors as it signed 22 investment contracts with overseas companies on Friday.
The investment projects involve manufacturing such as electronics, aviation, automobiles and equipment, and services including financing, logistics, elderly care and vocational training. The total value of these deals is around 3.39 billion U.S. dollars.
The signing foreign companies include Slovakian aircraft producer Aerospool, French company AREP with expertise in city planning and construction, Germany’s BMW, and U.S. firm Baxter.
Chengdu, capital of Sichuan Province, is a major economic powerhouse in China’s western region. The city has attracted investment projects from 285 of the world’s top 500 companies.
Source: Xinhua
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