The city of Nanjing has gone all out to promote investment promotion, according to a conference held Tuesday. Han Liming, member of the Standing Committee of the Provincial Party Committee and Secretary of the Nanjing Municipal Party Committee, and Chen Zhichang, Mayor of Nanjing, delivered speeches at the meeting.
As of the end of July, Nanjing has signed projects with a total investment of 690 billion yuan and foreign direct investment of 4.22 billion US dollars.
Nanjing released and interpreted the new investment promotion policies by focusing on five key areas that include headquarters institutions, foreign-funded enterprises, research and development centers, enterprise capital increase, and high-end talents, providing solid support for enterprise investment.
Nanjing will provide up to 100 million yuan in rewards to Fortune Global 500 headquarters that have settled in Nanjing, and up to 10 million yuan in support of enterprise technology transformation investment.
Nanjing will further improve the mechanism of land use guarantee, project promotion, cooperative investment promotion, and enterprise services, and join hands with 8 multinational enterprises and industry associations, including Ernst&Young Enterprise Consulting Company and Jones Lang LaSalle, to form a global investment partnership.
Nanjing will strive to attract 200 high-quality industrial investment projects, 200 projects worth over 1 billion yuan per unit, 10 projects worth over 10 billion yuan, and 50 headquarters projects by the end of the year.