The 20th Lanzhou Investment Trade Fair has been in full swing, according to the Administrative Committee in the Lanzhou New Area. This fair has planned to sign 38 contracts, which will bring an investment of 107 billion RMB (about US $17.18 billion).
As of June 15, the Investment Promotion Department of Lanzhou New Area had attracted 38 projects , 26 of which will have signed contracts soon. . These 26 projects will bring investment up to 107 billion RMB. In addition, the remaining 12 projects will bring about 68.6 billion RMB once the contracts are signed.
These 38 projects cover a wide range of investments including equipment manufacturing, information technology, petrochemical industry, modern service,agricultural products processing, culture and many other areas. It is worth mentioning that the 26 projects include three Fortune Global 500 companies, four top 500 domestic enterprises and two top 500 private enterprises.
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