18 September 2018

Cross-strait summit yields 4.32 bln yuan deals, Xinhua says

Four contracts worth more than 4.32 billion yuan (US$708 million) were signed on Tuesday during a cross-strait business summit in Nanjing, the official Xinhua news agency reported Tuesday. Among the deals, Taiwan’s Jifu group will invest 3 billion yuan to build a China headquarters facility in Shanghai over the next two to three years. The other projects involved finance, culture and creative sectors as well as a resort, the report said.

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