Some 900 people on Tuesday attended a large-scale business seminar held in Dar es Salaam by the government of China's Guangdong Province.

It was the largest single business seminar ever held in the country by a foreign state, according to officials from the Tanzania Board of External Trade which coorganized the event.

Over 400 Guangdong business people representing 192 Guangdong enterprises were present at the seminar for investment and cooperation consultations and negotiations.

Thirteen contracts were signed within the framework of the one- day seminar, with a total signed contracting amount of 71.41 million U.S. dollars in such cooperation fields of exports-imports of light industrial products, building material, raw material of contractual projects and tourism.

Business people from other African countries also attended the seminar and signed contracts with their Guangdong counterparts.

Tanzanian Vice President Ali Mohamed Shein told the seminar that his country has been improving its investment environment and investors will get fair and favorable treatment in Tanzania.

The vice-president urged China's Guangdong business people to invest more in the agricultural production sector so as to help the country increase the added value of its agro-products such as cotton, coffee and cashew nuts.

Zhang Dejiang, a politburo member of the Communist Party of China (CPC) Central Committee and secretary of the CPC Guangdong Provincial Committee, briefed the seminar participants about China's determination to cooperate with African countries, on the progress China has made and on the status quo of the Guangdong provincial economic development.

The Chinese delegation headed by Zhang arrived here on Saturday last week for a visit at the invitation of Tanzania's ruling Chama Cha Mapinduzi party.

Source: Xinhua