Ningbo held a meeting for 2007 key projects on June 28. Banks and enterprises were invited. 11 projects, such as Ningbo Iron and Steel, the second phase of Guo Hua Ning Hai Power Station, development of Wan Tou Business Area signed contracts with 5 banks. Total investment reached 10.41 billion Yuan. Another enterprises bearing 49 projects with total investment of 20.27 billion Yuan signed intension letters with banks. Member of Standing Committee of Ningbo Party Committee and Standing Vice Mayor Wang Yong attended the meeting.