Seventeen projects signed Sunday in Guangxi's Pilot FTZ

A total of 17 projects were signed Sunday in the pilot free trade zone (FTZ) of south China's Guangxi Zhuang autonomous region with a total contractual investment of 13.1 billion yuan (about 2 billion US dollars).

The investment projects cover sectors of electronic information, green energy, performing arts culture, modern services, ecological forestry and logistics.

They will help accelerate the establishment of cross-border industrial chains, value chains and supply chains between Guangxi's pilot FTZ and the Association of Southeast Asian Nations (ASEAN).

Six foreign-funded investment deals among the projects have a total contractual investment of 920 million U.S. dollars.

By the end of June, 37,000 enterprises had been set up in Guangxi's Pilot FTZ, 10 times the number before the zone was established, official data show.