Beijing promotional fair brings $58.5b to Inner Mongolia

By Zhao Xiao (chinadaily.com.cn)

Updated: 2017-02-28

Officials and businessmen sign contracts at the promotional fair held in Beijing’s China National Convention Center on Feb 27. [Photo/people.cn]

A promotional business investment fair was held in Beijing on Feb 27, where Inner Mongolia saw investments totaling 402 billion yuan ($58.5 billion) from State-owned enterprises (SOEs) come to the region, indicating a promising outlook for the region’s future economy.

In addition to regional investment projects, parallel sessions were also held for collaboration between cities and State-owned companies, financial agencies and investment foundations.

Business representatives from across China attend the promotional fair on Feb 27. [Photo/people.cn]