Baotou signs 56 projects worth 347 billion yuan

A conference aimed at strengthening ties between Baotou and central State-owned companies witnessed the signing of 56 projects worth 347 billion yuan ($50.52 billion) on Feb 27, according to people.com.cn.

The conference was part of promotional activities hosted by Inner Mongolia autonomous region at China National Convention Center in Beijing.

A conference is held in Beijing to strengthen cooperation between Baotou, Inner Mongolia autonomous region, and central State-owned companies on Feb 27. [Photo/people.com.cn]

The 56 projects were signed with 27 central State-owned enterprises, 14 national companies and nine financial institutions, covering a wide range of areas including high-end equipment manufacturing, integrated utilization of resources and construction of infrastructure.

The conference sees the signing of 56 projects worth 347 billion yuan ($50.52 billion) on Feb 27. [Photo/people.com.cn]