Thanks to its strong economic ties overseas, Zhongshan, in Guangdong province, signed an impressive number of trade agreements at the annual Zhongshan Trade and Investment Fair.
One key part of this city's move to develop emerging industries, according to a local official, is the investment agreements it has signed with centrally controlled State-owned enterprises (SOEs).
"They (investment agreements) will be an engine for local industrial improvements," explained Ouyang Jinquan, deputy director of the Torch Hi-tech Industrial Development Zone's administrative committee.