30th China Lanzhou Investment and Trade Fair Concludes with Record Deals
Lanzhou, The Gulf Observer: The 30th China Lanzhou Investment and Trade Fair (CLZITF) concluded on Wednesday in northwest China’s Gansu Province, marking a significant milestone with deals worth approximately 604 billion yuan (about 84.7 billion U.S. dollars) inked. This represents a 7.7 percent increase from last year’s edition.
First held in 1993 in the provincial capital Lanzhou, the CLZITF has evolved into a major event for Belt and Road economic and trade cooperation. The fair attracted over 2,200 enterprises this year, surpassing the 1,600 participants from the previous year.
“Over the past decade, Lanzhou has undergone great changes. The trade fair has also attracted an increasing number of enterprises from various countries and regions,” said Maryna Anikeyeva, an entrepreneur from Belarus who first attended the fair in 2014. This year, Anikeyeva, general manager of JSC “Molochny Mir,” a multinational dairy company, visited Gansu to seek more partners and expand their market presence.
Local specialties of Gansu, such as Lanzhou beef noodles, edible sweet lilies, and wine, garnered significant appreciation from international exhibitors. During a promotion event for Lanzhou beef noodles on July 8, 54 agreements were signed, totaling nearly 5.77 billion yuan, covering cooperation in pre-packaged and overseas sales.
Michel Marqueton, chairman of the French recreational vehicle manufacturer SCI VIBRAYE, was among the signatories. His company plans to deploy mobile food trucks to introduce Lanzhou beef noodles in Europe and establish a production base in France for growing vegetables, producing seasonings, and providing technical training.
Additionally, RUE “Beltamozhservice,” a state-owned logistics company in Belarus, signed a cooperation agreement with the operation management company of Wuwei bonded logistics center in Gansu to enhance cooperation on railway logistics and bonded warehouses. Dzmitry Kavalionak, general manager of RUE “Beltamozhservice,” highlighted the importance of the China-Europe freight train service in promoting economic and trade development between the two countries.
Marcos Lisandro Pérez Machado, vice governor of Florida Province in Uruguay, described this year’s CLZITF as “extremely large-scale” and “highly innovative.” He emphasized the fair’s role in providing business opportunities for merchants globally and expressed hopes for closer and higher-quality comprehensive cooperation in the future.
