The city of Deyang in northern Sichuan province signed 130 contracts for projects worth 73 billion yuan ($12 billion) with outside investors during an investment fair in Chengdu, Sichuan province, on Monday.

The deals involve sectors including equipment manufacturing, new energy, new materials, tourism, culture, modern commerce and logistics in the city. Of those signed, 50 have plans for an investment of more than 500 million yuan each.