Recently, the signing ceremony of the 18th China-ASEAN Expo was held in Nanning. A total of 179 international and domestic cooperation projects were signed, with the total investment exceeding 300 billion yuan, an increase of 13.7% compared with the previous year. The total investment of the signed projects set a new record in history. In the signing ceremony, Nanning’s two projects on health culture and tourism industry registered a total investment of 34.5 billion yuan.
In terms of volume, there are many major projects with large scale in CAEXPO, with an average investment nearly 1.7 billion yuan. 33 projects with the investment more than 1 billion yuan, accounting for more than 70% of the total investment, including 7 projects with the investment more than 5 billion yuan. The contracted projects focus on the real economy and four new economic areas, featuring large number, large scale and new industries, covering electronic information, green new chemical materials, energy conservation and environmental protection, light industry and textile projects, with the total investment accounting for nearly 50%.