A shopping promotion series was launched in the Mengguan International Auto Trade City in Huaxi district, Guiyang, capital of Southwest China's Guizhou province, on June 30.
The event was aimed at reviving consumption in the Mengguan International Auto Trade City by holding various shopping promotions, including a beer festival, and discount packages for the purchase of automobiles.
At the event, the government of Huaxi district signed agreements with Dongan Holding Group, Guizhou Huameng Automobile Co and Guizhou Kasimaite Real Estate Co to upgrade businesses in the Mengguan International Auto Trade City.
The three joint projects attracted a total of 920 million yuan ($137.46 million) in investment.