'Natural resources, housing will rescue Qinghai economy'

The Qinghai provincial government yesterday announced it will put up more than 30 large-scale natural resource projects on sale for investors and buyers in the coming months.

"Natural resource and housing sectors will drive Qinghai out of the economic crisis," Luo Yulin, the deputy governor of the province, said at a press conference to announce the Qinghai investment and trade fair, scheduled for May 5.

The projects, he said, are scattered across the province and range from oil, natural gas, non-ferrous metals to petrochemical processing and sustainable power.