Home> Media Center  >    News

Xi'an Business Innovation and Development Conference ends

Updated: 2018-12-29

The 2018 Xi'an Business Innovation and Development Conference and Xi'an Shopping Gourmet Festival came to an end on Dec 28.

3.jpg

The 2018 Xi'an Business Innovation and Development Conference comes to an end. [Photo/xiancn.com]

A total of more than 400 people, including government leaders, business representatives, industry experts and media guests attended the closing ceremony, celebrating the awe-inspiring transformation of Xi'an's economy over 40 years of reform and opening-up.

In 1978, Xi'an made a total of 1.71 billion yuan (249.47 million) in retail sales. In 1992, this number exceeded 10 billion yuan. In 2011 it passed the 200 billion yuan mark, and in 2014 it passed the 300 billion yuan mark. In 2017, it reached 424.98 billion yuan, 333.6 times the 1978 number, with an average annual increase of 16.1 percent.

4.jpg

The closing ceremony attracts more than 400 people. [Photo/xiancn.com]

Xi'an will continue to innovate and develop its economic model to create a consumer goods market with a practical layout, optimized structure, high functionality and fair competition.

During the closing ceremony, the award ceremony for Xi'an's best businessperson and the most outstanding commercial projects and brands throughout 40 years of reform and opening up was also held.