The fair, held in western China's Chengdu, is not inferior to those in Beijing and East China, Lee said.
The Chengdu Investment Presentation and International Cooperation Zone Project matchmaking event, hosted in the Tianfu New City Convention Center on November 2, was regarded as a highlight of the fair. The presentation and matchmaking activity saw the signing of 19 agreements worth 158.63 billion yuan, the fair's organizers said.
In one of the thirteen project investment deals struck, Siemens will help Beijing-headquartered BOE Technology Group Co., a supplier of internet-of-things technology, products and services, to upgrade and reform production lines with total investment valued at 1 billion yuan.
Six strategic cooperation agreements involving 115 billion yuan included one for an industry fund focusing on Sino-Germany (Chengdu) innovation cooperation.
The fair invited foreign and domestic companies to learn about the economic and social development of Chengdu and potential opportunities in the city. The companies also discussed cooperation with businesses and industry associations from Chengdu.
Local officials said the fair aimed to help Chengdu become a regional hub of the economy, science and technology, cultural creativity, foreign contact and comprehensive transport in western China.
The first phase of the 11th EU-China Business and Technology Cooperation Fair, another important event at the Western China International Fair, was held from November 2 - 6 in the Chengdu Hi-tech Industrial Development Zone. Its second phase took place from November 6 - 8 in Qingdao.
Statistics showed that the first phase saw more than 150 companies from 14 European countries and more than 400 Chinese enterprises engage in more than 800 matchmaking talks.
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SOURCE China Council For the Promotion of International Trade Chengdu Sub-council