Sunday, December 23, 2018

Nearly 80 billion deals at 2018 Hainan Winter Fair


KUALA LUMPUR, Dec 20 (Bernama) -- Deals worth RMB 77.24 billion were signed during 2018 China (Hainan) International Tropical Agricultural Products Winter Trade Fair (Winter Fair) in Haikou recently. (RMB 100 = RM60.67)
In the ‘Belt and Road’ International Pavilion, various foreign products were on exhibition including ‘Cat Mountain King’ durian from Malaysia, Brazilian beef steak, Vietnamese coffee and others. Enthusiastic foreign exhibitors attracted crowds of Chinese buyers.
One hundred thirty eight foreign firms and over 50 foreign guests were invited from 34 countries and regions in Africa and along the Belt and Road countries exhibited 400 products.
The five-day fair is a fruitful event for international exchange and cooperation and also an important platform for Hainan into a pilot free trade zone and a free trade port with Chinese characteristics, a statement said.
Hainan Provincial Department of Agriculture and Rural Affairs and PENGSHENG Industrial Zone, a national overseas economic and trade cooperation zone also signed a letter of intent to promote the cooperation between Uzbekistan and Hainan on special agricultural products.
Thirty two contracted investment projects amounting to RMB 43.70 billion were secured, demonstrating the international influence of the fair and the investment attracting capacity of Hainan.
-- BERNAMA

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