Authorities of the northern mountainous province of Lao Cai on April 12 held a reception for a 31-strong business delegation from Yunnan province.

The Chinese businesspeople, representing the Economic and Trade Cooperation and Development Association of Yunnan province, operate in various areas including banking and finance, real estate, manufacturing and education.

During the meeting, representatives from the Department of Planning and Investment and the Investment-Trade Promotion Centre of Lao Cai briefed Yunnan investors on local socio-economic developments, business prospects, investment policies and particularly on all issues relating to the Lao Cai border economic zone.

The provincial authorities also updated the Chinese investors on their prioritised projects for investment mobilisation in the 2009-2010 period.

A representative of the Yunnan association said the organisation is willing to support its member investors to expand business and investment in Lao Cai.

The association and Yunnan investors, he added, want to invest and do business in such areas as agriculture, banking and human resources and vocational training.

After the meeting, the delegation visited Kim Thanh trade and industrial zone, the Sapa mountain tourism site, and several other industrial parks in Lao Cai./.