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International, domestic deals signed as Hai’an champions Belt and Road Initiative, Ding Congrong and An Baijie report.

A total of 96 cooperative agreements were signed at a trade fair in Hai’an county in Nantong, East China’s Jiangsu province, this month according to local government statistics.

More than 400 businesspeople from over 20 countries and regions including Italy, the United States and Australia attended the 2015 Hai'an Golden Autumn Trade Fair, which started on Nov 12.

Chinese entrepreneurs agreed to invest more than 20 billion yuan ($3.14 billion), while those from overseas pledged $750 million. Some of the agreements, such as an electric vehicle project, involve more than 1.5 billion yuan of investment each.

Lu Weidong, Party chief of the county, said at the opening ceremony that after decades of rapid development, Hai’an has become a place with great potential for economic development.

 

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