RF, PRC conclude contracts worth about $3 bln in Harbin

HARBIN (Itar-Tass) - Enterprises of Russia and China have
concluded 12 contracts to the total sum of 2.7 billion dollars at the 22nd
Harbin International Trade and Economy Fair, the fair organizers told
ITAR-TASS.
Among the signed agreements - - two joint investment projects to the
sum of 1.8 billion dollars, as well as 10 documents on trade the total
cost of which reaches 920 million dollars.
All in all, according to the results of two days of work of the fair,
more than 100 agreements were signed between Chinese and foreign
companies, which exceeds the index of 2010 by 80 percent.
The Harbin Fair, which is held since 1990, is mainly oriented at
Russia, as well as CIS and East European countries. The Chinese Ministry
of Trade, the Chinese State Committee on Reforms and Development, the
All-China Committee on Assistance to International Trade, the government
of the province of Heilungjiang and other Chinese departments and
institutions come out as its organizers.
This time Russian is for the first time represented at the fair by a
single exposition in which 13 Russian regions take part. The Russian
delegation is headed by Minister of Regional Development Viktor Basargin.
The 22nd Harbin International Trade and Economy Fair will last until June 19.