Businesses from Chongqing and Guangzhou signed 20 cooperation projects worth of 1.96 billion yuan last week. 　

    The projects mainly involve automobile, home appliance, pharmaceutical and equipment manufacturing industries, including a 300-million-yuan cooperation project between Guangzhou Pharmaceutical Holdings Ltd and Chongqing Taiji Industry (Group) Co Ltd, a 200-million-yuan cooperation project on wind power generating facilities between Guangzhou High Technology Industry Group Co and Chongqing Hengte Automation.     

    Meanwhile, governments of the two cities signed a framework agreement to promote their economic and trade cooperation. Zhang Xuan, deputy Party secretary of Chongqing, says: "As enterprises are moving from the coastal regions to inland cities in recent years, the two cities need closer cooperation to drive economic development."

    By: Source: China Daily Website