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Xianfeng Crystal Festival contracted 280 million Yuan for 16 projects

Post Time:Apr 25,2008Classify:Company NewsView:330

On the morning of April 23, 2008, a project signing ceremony was held in China Yangzhou Xianfeng Crystal Festival. 16 projects were signed with the investment value of 280 million Yuan.

In recent years, Xianfeng Town of Baoying County adheres to the development idea of "one industry-based, multiple expansion", actively develops traditional crystal industry, and has formed an industry pattern dominated by crystal glass crafts and developing six supporting industries including steel and plastic pipe, communication cable, ship parts, Coke metal and agricultural sideline product processing. Xianfeng has been known as "crystal city" and "China's first crystal town." At the end of last year, the town has a total of 168 crystal glass enterprises (including workshops) with an annual production value of more than 500 million Yuan. Products are exported to more than 30 countries and regions such as Southeast Asia, Europe and the United States. The town has emerged hundreds of specialized crystal manufacturers, and a number of professional crystal villages. The good environment has attracted many merchants to make investments.

Among the 16 projects signed in this Crystal Festival, there is one foreign-invested project with a total investment of 3 million U.S. dollars, eleven industrial projects with a total investment of 190 million Yuan and the registered capital of 35 million Yuan, four agricultural projects with a total investment of 2600 million Yuan and registered capital of 3.5 million Yuan, and one project of tertiary industry with a total investment of 60 million Yuan and registered capital of 8 million Yuan.

Source: GlassInChinaAuthor: admin

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