High growth in investment predicted
By Bian Yi (China Daily)
Updated: 2006-06-29 11:16
Northeast China's Heilongjiang Province is revving up for greater growth in
trade and investment, said a top commerce official.
As the utmost
northern province, Heilongjiang has close trade ties with its neighbouring
countries, such as Russia, Japan, the Republic of Korea, the Democratic People's
Republic of Korea and Mongolia.
Harbin, capital city of Heilongjiang Province.
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"To develop border trade and
investment is always on top of the development agenda in the local government's
development strategy," said a senior official of the Heilongjiang Provincial
Department of Commerce.
The abundant natural resources in adjacent Russia
are what Heilongjiang needs for its rapid development.
Statistics from
the department show that Heilongjiang has accumulatively imported 2.24 million
tons of crude oil, 2.05 million tons of paper pulp, over 35 million cubic metres
of timber and 810,000 tons of steel from Russia during the past five years.
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