More than 30 contracts involving 15.42 billion yuan were signed Thursday at a trade fair held in Nanning, capital of southwest China's Guangxi Zhuang Autonomous November 16， 2000.
Of the total, 10 contracts involve foreign investment, including 750 million yuan of loans from the Austrian government to build a hydro-electric power station in Liuzhou city, and investment by an Austrian company to build the Changzhou hydro-electric power station.
The contracts also cover such sectors as forestry, paper-production, food, building materials and infrastructure.
The fair has attracted 6,000 domestic and foreign businessmen. 78 contracts are expected to be signed, with a total overseas investment of US$10 billion.
(Xinhua 11/16/2000)
