Zhejiang enterprises sign contracts worth 12.79 bln yuan at

Photo taken on Nov. 6, 2020 shows the booth of Mitsubishi Electric from Japan at the Intelligent Industry and Information Technology exhibition area during the third China International Import Expo (CIIE) in Shanghai, east China. (Xinhua/Li Renzi)

A group of import enterprises in east China's Zhejiang Province have signed contracts worth 12.79 billion yuan (about 1.94 billion U.S. dollars) with worldwide exhibitors during the ongoing third China International Import Expo (CIIE) in Shanghai, according to the Department of Commerce of Zhejiang Province.

During a contracting event, a total of 28 import enterprises in Zhejiang and 28 exhibitors from more than 10 countries and regions, such as Germany, Japan, the United States and Brazil, signed 31 projects in all.

The business conducted during the contracting event was about 25.4 percent more than that during the previous expo, according to official data.

The foreign enterprises that signed contracts include Honeywell, Glencore, Mitsubishi Corporation and Louis Dreyfus. The contracted projects involve smart factories, mechanical equipment, auto parts, food and agricultural products, and consumer goods.