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International Trade Fair kicks off in Heilongjiang (2011/06/15)
2013/7/26 18:18:46 Views:

International Trade Fair kicks off in Heilongjiang (2011/06/15)

 

HARBIN - A major international trade fair kicked off Tuesday in Northeast China's Heilongjiangprovince, which borders Russia.

The Harbin International Fair for Trade and Economic Cooperation, held in the provincial capitalHarbin, has attracted more than 110,000 domestic traders, and attendees from about 80 foreigncountries and overseas regions, said Tan Yuhong, a spokesman with the fair.

Covering an area of 86,000 square meters, the fair features3,000 exhibition booths, including sections for green food,the biological industry, traditional Chinese medicine,furniture, tourism and also special exhibitions for Hong Kong,Macao, Taiwan and Russia, Tan said.
The five-day event is organized by the Ministry of Commerce,the National Development and Reform Commission, theCouncil for the Promotion of International Trade, along withthe local governments of Heilongjiang and Harbin.

Since its debut in 1990, the annual event has attracted 1.6million company representatives and officials and led to dealsvalued at up to $100 billion, according to the official website.

As Heilongjiang is where Russia borders China, the fair is also a major platform for economic andtrade exchanges between Chinese and Russian merchants. Commencing one day prior to PresidentHu Jintao's visit to Russia, organizers believe the fair will set a record in trade volume.

Two-way trade volume reached about $60 billion in 2010, and China has become Russia's largesttrade partner, said Hu in a written interview with Russian media Friday.

During Hu's visit to Russia, energy and other economic deals are likely to be concluded between thetwo countries, which also provides optimism to Chinese and Russian traders at the fair, Tan said.
 

(Xinhua)