CHENGDU, Jan. 9 (NBD) -- Tianjin government and central government owned enterprises had a meeting last Thursday concerning the implementation of collaborative development of Beijing, Tianjin and Hebei Province.

Principals of 55 central government owned companies gathered in Tianjin to seek cooperation and development.

After the meeting, 20 cooperation agreements worth 121.7 billion yuan (17.6 billion US dollars) were signed.

According to Xinhua report, those projects of big volume, high standards and strong leading force cover advanced manufacturing industry, strategic emerging industry and modern service industry. Investment in each project exceeds one hundred million yuan. Some projects are important parts of the industrial chain, which will promote the aggregation of related resource factors.

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