East China’s Jiangsu province signed 53 key foreign investment projects and 72 regional headquarters of multinational companies at a virtual ceremony held on Monday morning. Wu Zhenglong, Secretary of the Provincial Party Committee, attended the ceremony and delivered a speech. Governor Xu Kunlin presided over the signing ceremony.
Wu Zhenglong said that human beings share weal and woe, and only by working together can we have a future. The epidemic has temporarily prevented us from meeting each other, but it cannot stop our confidence in working together and the pace of win-win cooperation.
He pointed out that Jiangsu is a strong player in opening up, and foreign-invested enterprises are an important driving force for Jiangsu's economic development.
He added that foreign-funded enterprises are witnesses and participants of Jiangsu's reform and opening-up, as well as staunch peers of Jiangsu's high-quality development and modernization.
Noting that the major changes unseen in a century and the once-in-a-century epidemic have brought difficulties and challenges to cooperation and development, the Secretary of the Provincial Party Committee hoped that overseas investors will gain a deep understanding that China's economic development and China's economy will maintain its growth momentum, which will surely provide strong impetus for the stabilization and recovery of the world economy, and broader market opportunities for investors from all over the world.
Wu Zhenglong pointed out that Jiangsu has benefited from major national strategies such as the Belt and Road Initiative, the development of the Yangtze River Economic Belt, and the integrated development of the Yangtze River Delta, aside from its abundant resources of scientific and educational talents, the most complete industrial chain supply chain, a good business environment, and the huge consumer market generated by the clusters of world-class cities in the Yangtze River Delta.
Wu Zhenglong reiterated that Jiangsu will accelerate the promotion of a higher level of opening to the outside world, build a broader stage, and join hands with investors at home and abroad to overcome the difficulties and look forward to the future together.
Xu Kunlin hoped that foreign-funded enterprises will actively participate in and deeply integrate into the development of Jiangsu, launch more high-quality investment projects in Jiangsu, introduce more high-end resources and talents to Jiangsu, and work together for mutual benefit and win-win results from a new starting point.
53 key foreign investment projects and 72 regional headquarters of multinational companies were signed at the virtual ceremony.
Representatives of Wilmar International, Philips Home Appliances, Asahi Kasei and Merck made speeches at the ceremony.
