East China’s Jiangsu province held investment fairs and issued policies and measures to attract investment, continuously injecting fresh water into the high-quality development of the local economy.
At the 26th Xuzhou Investment Fair, 53 projects were signed, with a total agreed investment of 104.02 billion yuan and an agreed utilization of foreign investment of 720 million US dollars.
Focusing on the "343" innovative industrial cluster, Xuzhou signed 46 projects with an agreed investment amount of 92.773 billion yuan, accounting for about 90%.
“Xuzhou is the capital of engineering and manufacturing. We cooperate with the overall layout of Xuzhou to develop complementary, extended, and strong chains. We have great confidence in investing in Xuzhou and it is also in line with our industrial development and layout”, Hou Zhenfu, Co-President of Pioneer Technology Group, said.
“In the next step, we will take this event as an opportunity to carefully organize a series of investment promotion activities, combined with international exhibition platforms such as the Canton Fair, China International Import and Export Fair, and Chain Expo, to invite a group of top enterprises to invest in Xuzhou, and promote the innovative industry project of "market+resources+opportunities" integration”, Li Yun, Member of the Party Committee and Deputy Director of the Xuzhou Municipal Bureau of Commerce, said.
Wuxi has planned to hold no less than 90 economic and trade investment activities in Beijing, Shanghai, Shenzhen, as well as the United States and Australia from late September to late November, focusing on modern industrial clusters such as integrated circuits, the Internet of Things, biopharmaceuticals, and new energy.
“We expect to achieve over 600 signed projects with a total investment of over 520 billion yuan”, Zhu Xian, Director of the Promotion Department of Wuxi Investment Promotion Center, said.
Wuxi has also innovated investment promotion models, expanded global investment channels, and created digital investment platforms by proposing 20 guiding policy measures, including implementing project recommendation rewards for intermediary institutions that recommend projects for the city's industrial development for the first time, and effectively coordinating the city's global economic and trade exchange service network for the first time.
From January to August, Wuxi signed 128 major projects with an investment of 389.053 billion yuan, including 40 foreign-funded projects with a total investment of 99.52 billion yuan.
“We hope to solve the practical difficulties in the process of attracting specific projects through this policy system, promote the gathering of various resource elements and high-quality major projects, and spare no effort to build a modern industrial highland with international competitiveness”, Yuan Kaikun, Deputy Director of Wuxi Municipal Bureau of Commerce, said.
