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East-West trade forum opens in Xi'an

04-07-2011 08:34 BJT

One of the nation's largest commercial and investment exhibitions has opened in northwest China's Shaanxi Province. This annual event in the city of Xi'an is a platform for companies from around the country to carry out trades and make new deals. Another aim is to rebalance growth between the western hinterlands and eastern coastal areas. My colleague, Wang Guan, reports from the ancient Chinese capital.

China's largely underdeveloped western region.

Now seeking to catch up with the rest of the country.

Over the years, local governments in western China have used every means possible to bring in cash, big-brands, and technology.

In return, they built up infrastructure, and set up platforms such as this exhibition, to help buyers and sellers to close deals.

This year's East-West Trade and Investment Fair drew a record 500 overseas companies, and thousands of domestic enterprises. Among them, high-tech products featuring sustainable solutions are favored by many buyers and investors.

Xintong Tech is a company specializing in making solar panels. This water pump, for example, is mostly powered by solar energy, which is abundant in many of the high-altitude cities in western China. This is expected to replace the current primitive means of digging for wells that villagers must do in many rural areas.

But the solar company says it has much more to offer than just that.

Li Ping, Assistant Manager of Shaanxi Xintong Tech said "We build solar powered signal transmission stations for mobile phone carriers like China Mobile and China Unicom. If you travel frequently in western China, you will see those tower-like stations in open fields. The solar technology is cleaner, and much cheaper, than building electricity grids."

Next generation vehicles also generated much interest among people at the fairgrounds. With the transfer of heavily polluting industries from the coastal cities to the western hinterland, protecting the environment has become a necessity. Currently, most consumers say they still have a wait-and-see attitude toward buying a futuristic vehicle. And industry experts say the sales of electric cars depend on government policies.

Yu Jie, Sales Manager of BYD Autos said "Currently, we try to make public transport adopt this kind of vehicle. Shenzhen's government has ordered 300 such vehicles to serve as taxis, and you will see them on the street during the Universiade later this year. In the city of Xi'an, the government is building recharging stations for such vehicles before they roll out onto the street."

Among the 10 pavilions, the International Trade Exhibition Hall is where Xi'an meets the world. A few dozens companies have on display their products and services, with the greatest number of them from Taiwan.

Vendor from Taiwan, East-West Trade & Investment Fair said "It's easier for us to do business with people on the mainland. Because first of all, more and more mainland tourists are coming to Taiwan, and they recognize many Taiwanese brands now. Secondly, we have similar business cultures."

In the next week, an estimated 150-thousand business people will gather here to trade products and ideas. 750-thousand people are also expected to visit the exhibition halls.

Editor:Xiong Qu |Source: CNTV.CN

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