China’s First Coal & Energy Expo Attracts 320 Project Signings

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Researched by Industrial Info Resources (Sugar Land, Texas)--Three hundred twenty projects were signed on at China Taiyuan International Coal & Energy New Industry Expo 2007, the first international coal expo held in China, Xue Yanzhong, deputy governor of Shanxi province, at the signing ceremony and news conference held on September 18, 2007.

Among the 320 projects, there are 258 investment projects worth $24.7 billion. In addition, there are 60 trade projects worth $5.72 billion and two financing projects worth $6.72 billion. Shanxi, the host, received 315 signing projects, including 257 investment projects worth $ 24.6 billion.

The United Kingdom signed 16 international projects, the most in this category, followed by the United States, Australia, Japan and German with 11, nine, six and five, respectively. For domestic projects, Beijing received 55 projects, the most in the category, followed by the Guangdong, Hebei, Henan and Shanghai with 27, 22, 20 and 15 projects, respectively. Hong Kong received 37 projects, and Taiwan received one.

The event was held at Taiyuan in central China’s Shanxi province September 16-18 under the organization of the People's Government of Shanxi Province and the Ministry of Commerce, with support from the National Development and Reform Commission, the Ministry of Finance, the State Administration of Work Safety and the State Intellectual Property Office.

The expo featured demonstrations of new products and new technologies in the coal and energy sector, investment and trade negotiation, as well as a summit forum on the sustainable development of coal and energy. The event showcased new coal-industry products and new technologies, new energy, large equipment, safety monitoring and environmental protection with 1,500 booths in four exhibition zones over 30,000 square meters. In all, 321 enterprises, including 103 enterprises and organizations from Hong Kong, Taiwan, Macao and 44 foreign countries attended.

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