Businessmen from Myanmar will take part in the 6th China-ASEAN trade fair to be held in Nanning, capital of Southwest China's Guangxi Zhuang Autonomous Region, in October this year to seek expansion of international market.

The five-day Nanning Trade Fair, scheduled for Oct. 20 to 24, will showcase Myanmar products in 100 booths, according to the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) Monday.

In the last 5th China-ASEAN trade fair, Myanmar won the best booth award.

Besides, the country also won the best organizer award in the China-ASEAN-South Asia Kunming Import and Export Commodities Fair held in Kunming, Yunnan province of China in June.

Forest products, agricultural produces, marine products and food stuff were put on display by the UMFCCI and the Muse-Namkham Border Trade Merchants' Association.

In December last year, a three-day Myanmar-China border trade fair, which was the 8th of its kind, was held in the Muse 105th Mile Border Trade Zone on the Myanmar side.

Muse border trade point stands the biggest out of 11 with neighboring countries, where 70 percent of Myanmar's border trade are carried out.

According to Chinese official statistics, China-Myanmar bilateral trade amounted to 2.626 billion U.S. dollars in 2008, up26.4 percent. Of the total, China's export to Myanmar took 1.978 billion dollars.

Up to the end of 2008, China's contracted investment in Myanmar reached 1.331 billion dollars, of which that in mining, electric power and oil and gas respectively took 866 million dollars, 281 million dollars and 124 million dollars.

China now stands the 4th in Myanmar's foreign investment line-up.

China's Nanning and Myanmar's Yangon established friendship city relationship in July this year.

Source: Xinhua