China, Europe ink $270m in deals

China and Europe have inked 270 million U.S. dollars in investment and trade deals at the ongoing Western China International Fair (WCIF) held in the city of Chengdu in southwest China. Among the six deals signed, three investment projects totaling 190 million U.S. dollars will provide funding for a Sino-French sewage treatment project, a Sichuan Mianyang Haosheng BMW engine project, and increased investment in Shell Oil Company gas stations. Another three trade projects worth a total of 80 million U.S. dollars were signed. The total export volume from Sichuan to Europe reached 6.87 billion U.S. dollars in the first nine months of this year, according to statistics released by the provincial Department of Commerce. The WCIF is an annual state-level international exposition under the co-sponsorship of China's 16 ministries, 12 provincial-level divisions and the Xinjiang Production and Construction Corps in western China. This year's WCIF will be held from Wednesday to Sunday in Chengdu, capital of Sichuan Province.