A ceremony was held Wednesday morning in Zhangjiagang city for the construction of 63 large investment projects.
Zhangjiagang Fanchuang Industrial Development Co., Ltd， headquartered in the city’s Free Trade Zone, was established in October 2018.
Recently, the company's intelligent optical and video industry base started construction. Upon its completion, the base will cater to the trend of intelligent development of the global automotive industry, research and development, production of intelligent lighting systems, laser radar and other products to meet the automotive market's energy consumption, safety, intelligence and higher technical requirements in other aspects.
Of the 50 projects that went into construction on Wednesday, 31 belong to advanced manufacturing. Their investment added up to 12 billion yuan, accounting for 68% of the investment volume of the entire projects. Meanwhile, contracts were signed on 13 investment projects, including 11 industrial ones and 2 service ones.
（source：ourjiangsu.com）
