World expo 2010 will possess a big-bang bonanza impact in bringing around US$30 billion in direct investment toward the Yangtze Delta Region, Wenhui day-to-day described Friday, quoting a senior international trade official.
The official, Cai Guofeng, predicted on Thursday the truth that expo would boost complete investment during the region by no much less than 50 % upon its opening on might possibly 1, 2010. Cai is officer general of one’s exhibition department of one’s China Council to the Promotion of International Trade (CCPIT). He produced the prediction at the 5th China expo Forum for International Cooperation that ended on Friday in Nanjing City, Jiangsu Province.
Cai forecast that expo ticketing, catering and souvenir sales would produce almost 11 billion yuan (US$1.62 billion), with transport and lodging yielding another 80 billion yuan.
Expo Shanghai will accelerate the pace of Yangtze Delta Region’s developing in to a world-level exhibition center, Cai said.
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March 21st, 2010
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