Dec. 27 (Bloomberg) -- Companies owned by China’s central government signed 47 contracts worth a total of about 300 billion yuan with the southwestern province of Guizhou, according to a statement posted in the People’s Daily today.
China Petrochemical Corp., Aluminum Corporation of China Ltd., and China Railway Group Ltd. were among the companies that signed the pacts, the statement said. The projects will start construction before 2012, according to the statement.