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Kunming Import and Export Fair ongoing

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The total trade volume amounted to 726 million U.S. dollar on the second day of China Kunming Import and Export Fair.

According to organizers, a total of 13 foreign investment projects worth $410 million was signed, covering infrastructure, healthcare, pharmaceuticals, financial services and other fields. The United States, Germany, Hong Kong and Taiwan have become major sources of investment for the fair.

The trade volume of exports to ASEAN countries reached $188 million, consisting of textile, garment, agriculture, healthcare and chemical products. The major commodities of import are nonferrous metal and rubber.

Held annually since it began in 1993, China Kunming Import and Export Fair, also known as Kunming Fair, opens in Kunming on Sunday evening. The five-day fair will conclude on June 10.(Editor:Ryan Li)

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