SOURCE / ECONOMY
China, Europe ink 270 mln US dollars in deals
Published: Oct 23, 2013 02:42 PM Updated: Oct 23, 2013 03:10 PM
China and Europe have inked $270 million in investment and trade deals at the ongoing Western China International Fair (WCIF) held in the city of Chengdu in southwest China.

Among the six deals signed, three investment projects totaling $190 million will provide funding for a Sino-French sewage treatment project, a Sichuan Mianyang Haosheng BMW engine project, and increased investment in Shell Oil Company gas stations.

Another three trade projects worth a total of $80 million were signed.

The total export volume from Sichuan to Europe reached $6.87 billion in the first nine months of this year, according to statistics released by the provincial Department of Commerce.

The WCIF is an annual state-level international exposition under the co-sponsorship of China's 16 ministries, 12 provincial-level divisions and the Xinjiang Production and Construction Corps in western China.

This year's WCIF will be held from Wednesday to Sunday in Chengdu, capital of Sichuan Province.