69 investment contracts signed in China Software Expo

The Third China (Nanjing) International Software Products Expo closed yesterday with 69 investment contracts signed. Foreign investments reached US$ 820 million, contributing greatly to the total investments worth of RMB 8.77 billion (US$1.16 billion). The number of major project contracts rose by 43.75% and total investment increased by 51.81% compared with the figures last year.

The expo was visited by 324 enterprises from over 30 countries. Among all the 69 major projects, 55 projects are to establish research centers or branches in Nanjing. Fujitsu Taiwan will establish its software base in Nanjing to attract 30,000 software developers. CDC Software will input US$2.2 million to build its largest research center in Nanjing.

The third China Software Expo was held in Nanjing from Sep.1 to Sep. 3. As a well-known education base in China, Nanjing intends to boost its software industry. The annual expo will help the city to achieve its target to "build important software base in China and China's famous software city".