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Conference posts $20-plus billion in deals

(chinadaily.com.cn) Updated : 2018-11-16

In addition to Ningbo Bang, some execs from Global 500 companies such as Zhejiang Geely Holding Group Co, China Resources (Holdings) Co and China Vanke Co, also attended the event.

On the same day, a grand ceremony marking the 100th anniversary of the birth of Yue-Kong Pao or Bao Yugang, was also launched in the city to commemorate the outstanding figure for his tremendous contribution to the city's development.

Bao is a well-known Hong Kong tycoon and philanthropist. Born in Ningbo in 1918, Bao was the second son of a prestigious family. He is said to be the twenty-ninth generation in a direct line from the famous official Bao Zheng of the Northern Song Dynasty (960-1127), well known in Chinese history and literature. Statistics show that Bao and his families have donated 150 million yuan thus far to support the development in Ningbo including $20 million for the construction of Ningbo University.

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About 780 guests from 25 countries and regions worldwide, including government officials, business executives, experts and scholars, attend the conference.  [Photo by Xiang Wenjian/chinadaily.com.cn]

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35 deals worth 152.8 billion yuan are signed amid the conference. [Photo by Xiang Wenjian/chinadaily.com.cn]

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