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Learn Chinese online - Fourth China Fujian Technology and Projects Fair fruitful

BIZCHINA / Investment Alerts

Fourth China Fujian Technology and Projects Fair fruitful
(People's Daily Online)
Updated: 2006-07-07 16:36

The fourth China Fujian Technology and Projects Fair has seen 3,825
docking projects by June 20 with an increase of 26.6% compared with last
year with a total investment of 70 billion Yuan.

There are 1,685 contract projects, 38% more than last year with a total
investment of nearly 40 billion Yuan.

There are also 3,229 projects on achievements and 596 projects on demands
among the docking projects.

According to the organizing committee, the Fair has become a platform for
enterprises in Fujian to seek projects, for universities and scientific
research institutes to industrialize their achievements and for
independent innovation of the west bank of the Taiwan Strait.

The fair starting on June 18th in Fuzhou, has seen new characteristics:
the number of docking projects has increased substantially, especially
the contract projects; the docking achievements in technical demand is
remarkable. The fair pays more attention to real efficiency and follow up
projects this year.

There are three leading industries in the docking projects, which are
mechanical electronic, petroleum and chemical industry and light and
optic integration of machinery.

The three leading industries have 1,086 docking projects accounting for
28.4% of the total. And docking projects in environmental protection and
comprehensive utilization of resources have become the new increasing
areas with 354 projects, an increase of 29.2% comparing with last year.

Fujian government has facilitated the docking of a batch of project
achievements and difficult issues between universities, scientific
research institutions and enterprises, which has laid a solid
technological base for the fast development of the three leading
industries in Fujian Province.

The three day trade fair was jointly sponsored by Chinese Academy of
Sciences, People's Daily, Overseas Chinese Affairs Offices of the State
Council, State Administration of Foreign Experts Affairs, and the Fujian
government.

(For more biz stories, please visit Industry Updates)

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