More active trading anticipated

Updated: 2011-11-21 14:33

(Shenzhen Daily)

  Comments() Print Mail Large Medium  Small 分享按钮 0

There was more active trading than last year at the 13th China Hi-Tech Fair (CHTF), Gao Guohui, secretary general of the organizing committee, told a news conference yesterday.

"Many exhibitors reached agreements during the fair. For example, China Mobile will invest 6 billion yuan ($952 million) to develop the fourth generation of mobile communication in Shenzhen, according to a strategic framework agreement," said Gao.

This year's fair reflected accelerated marketing of developed technology.

There was an 8 percent increase in the number of foreign exhibitors this year and all had expressed the hope to strengthen cooperation with Chinese companies through the fair, Gao said.

"Successful fair sub-venues were set up in Israel and Hungary earlier this year and we will organize the sub-venue in Hungary again next year," he said.

The city has had overseas sub-venues for the fair for six consecutive years to raise its international profile.

Gao said the city government would step up efforts to support enterprise innovation, which would "consequently drive the city's innovation."

However, when journalists asked for trade volume figures at yesterday's news conference, the answer was abstract.

Su Yanwei, director of the fair trade center, said the trade volume was fairly inspiring but was for insiders to discuss.

It became a regular practice for fair organizers in 2004 not to make the trade volume public.

The Internet of Things was a highlight of the fair, which is also known as the wireless sensor network to connect individual devices through sensors.