The city of Zhenjiang in east China’s Jiangsu province kicked off an investment promotion fair Tuesday in Shanghai. This is the first trans-regional investment fair the city has launched since the COVID-19 outbreak last year.
26 projects were inked at the fair with a total investment of 22.3 billion yuan.
11 investment projects boast individual investment of more than 1 billion yuan.
The largest investment project will bring the city 6 billion yuan.
80% of the investment projects involve new-generation information technology, high-performance materials, new energy vehicles and auto parts, medical equipment, and life and health projects, which will strengthen Zhenjiang's key industrial chains.
Stephane DION, Managing Director, Chief Executive Officer of Total Lubricants (China) Co., Ltd.
The Zhenjiang government provides policy support for enterprises to reduce taxes, fees, and costs. It also arranges commissioners to guide various administrative examination and approval procedures, which makes us feel that the services and affairs are efficient and attractive.
Since last year, Zhenjiang has reached a record high in its industrial attraction and fixed asset investment. This year Zhenjiang will seize the opportunity of integrated development in the Yangtze River Delta, accelerate its layout and integration of the regional industrial chain, and at the same time attract more talents to work and start businesses in Zhenjiang.
