PR Newswire
14 Nov 2023, 07:01 GMT+10
BEIJING, Nov. 14, 2023 /PRNewswire/ -- An investment promotion and cooperation forum was held on Friday in Xishan District of Wuxi City, east China's Jiangsu Province, injecting new impetus to local efforts of promoting high-quality development.
At the forum, 43 major industrial projects were signed with a total investment of over 46.5 billion yuan (about 6.38 billion U.S. dollars), six fund cooperation projects were signed with a total scale of 5.3 billion yuan, and a number of global investment partners were awarded.
The newly-signed projects are of large scale, high quality and promising prospects, said a senior government official of Xishan District, noting that the projects are helpful for not only improving supply chains of traditional and emerging industries, but also promoting layout of future industries. The implementation of these projects will lay a more solid foundation for the district's accelerated formation of new productivity.
In recent years, Xishan has been focusing on construction of industrial clusters and featured parks and zones. With accelerated formation of new energy, integrated circuits, biomedicine and other industrial ecosystems, along with its welcoming business environment, convenient location and large room for development, the district has attracted plenty of investors.
Since last year's forum, the district has successively awarded three batches of 18 global investment cooperation partners, whereas Friday's event saw the awarding ceremony for the fourth batch of partners, who are expected to provide beneficial supports to Xishan in terms of project investment, industrial development, talent introduction, event organization, and publicity and promotion.
During the event, a global economic and trade cooperation network was officially launched, combining comprehensive service platforms on municipal and district level, as well as contacting hubs linking the district and the world. So far, over a hundred contacting hubs in Asia, Europe and the Americas have been set up.
Since September this year, the district of Xishan has held 24 investment promotion activities, highlighting various sectors, regions and industrial parks.
See the original link: https://en.imsilkroad.com/p/337110.html
Get a daily dose of Asia Pacific Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Pacific Star.
More InformationIn the early 1980s, after witnessing opportunities in Asia, Barry Pearton saw a clear gap in Australia's media market. Without nothing...
BEIJING/TAIPEI: Facing mounting U.S. export restrictions, Nvidia is preparing to launch a new, lower-cost artificial intelligence chip...
BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...
KUALA LUMPUR, Malaysia - At a meeting on Tuesday in the Malaysian capital, Kuala Lumpur, ASEAN leaders reiterated their commitment...
HUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...
Bengaluru (Karnataka) [India], May 29 (ANI): India and Uzbekistan are no strangers when it comes to women's football. The two sides...
HANOI, Vietnam: Amid shifting global trade dynamics and growing concerns over U.S. tariffs, France and Vietnam have signed more than...
NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...
SAO PAULO, Brazil: Amid a surge in electric vehicle (EV) adoption and growing competition in Brazil, Chinese automaker GAC has officially...
CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...
BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...
NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...