(Yicai Global) June 25 -- Leading foreign firms, government agencies, and business associations signed investment projects worth CNY3.6 billion (USD551 million) at the China-Germany Intelligent Industry Development Forum this year.
The countries of the US, Germany, France, Britain, Japan, Canada, Switzerland, Austria, and Poland were presented in the projects, which involved manufacturing, energy management, new forms of energy, and environmental protection, among other fields, China News reported. The trade conference was held in the city of Liuzhou, Guangxi Zhuang Autonomous Region in southern China.
"The forum has promoted the signing of 10 major investment projects valued at CNY3.6 billion in total, and organized some pragmatic talks for nearly 100 projects," said Zhang Yi, vice president of the China Chamber of International Commerce, without disclosing the specific details of these projects.
The forum is to lay a foundation for the 'Made in China 2025' program in Liuzhou, said Hao Xingguo, the city's deputy mayor, adding that the city aims to become an international hub in southern China, while acting as a pivotal gateway along the Belt and Road countries.
Chinese Premier Li Keqiang released 'Made in China 2025' strategic plan in 2015, as part of efforts for the country to become a high-tech manufacturing superpower, poised to directly compete with Western economies. The Belt and Road, initiated by China's President Xi Jinping in 2013, is an investment plan which pans over the former Silk Road countries.
On the same day with the trade meeting, Liuzhou held an opening ceremony for a 10-square-kilometer China-Germany Industrial Park, which is projected to serve as a key cooperation platform between the two countries.
Editor: Emmi Laine