2010 Macao-Zhejiang Week kicked off here Wednesday with an aim to deepen the economic ties between China's Zhejiang province and Macao Special Administrative Region (SAR).

Organized by the provincial government of Zhejiang, the business-promotion event will last from Wednesday till Saturday. During the event period, a series of economic and trade cooperation agreements will be signed, and an exhibition featuring Zhejiang's time honored brands, and a picture show of Zhejiang's sceneries will also be held.

Macao-Zhejiang Week were also held in 2004 and 2005.

With its abundant experience and considerable advantage in infrastructure construction, financial system, commercial environment, human resources, tourism, etc, Macao SAR will be an important platform through which Zhejiang products can enter the world market, said Gong Zheng, vice governor of Zhejiang province. Gong came to Macao with a delegation of the Zhejiang provincial government to attend the event here.

By holding the Macao-Zhejiang Week, the two places can strengthen bilateral ties and expand cooperation, he said.

Statistics from the Zhejiang provincial government showed that the trade volume between the two places reached 11.18 million U.S. dollars during the first eight months of last year, down by 48.57 percent year-on-year, with Zhejiang's export to Macao standing at 136,400 dollars.

Editor: Lily

Source: Chinaview.cn