Xinhua Silk Road: 137 projects with investment of RMB91.15 bln contracted in east China's Jiangyin

General Press Releases Tuesday October 20, 2020 11:25
BEIJING--20 Oct--PRNewswire/InfoQuest
137 projects involving a total investment of 91.15 billion yuan were signed at the Jiangyin Symposium on Economic and Trade Cooperation held on last Friday in Jiangyin city, east China's Jiangsu province.
Of the total projects, 15 were foreign-invested ones with a total investment of 3.52 billion yuan.

In terms of investment fields, 111 were manufacturing projects with a total investment of 64.02 billion yuan, covering such fields as new energy, new materials, and auto parts. The remaining 26 projects with a total investment of 27.13 billion yuan were service projects related to intelligent warehousing, transportation and logistics, biomedicine, cross-border e-commerce and other areas.

Nearly 500 businessmen from more than ten countries and regions including Italy, the U.K., Japan, the Republic of Korea (ROK) and Israel attended the Jiangyin Symposium on Economic and Trade Cooperation.

During the event, three major projects, namely the e-commerce industrial park of Jiangyin, foreign trade and live-streaming sales promotion festival, as well as China-ROK cross-border e-commerce project, were also launched.

Jiangyin has been ranked first in the list of China's top 100 counties (cities) in terms of industrial strength for three consecutive years, with its high-end textile and clothing, special steel, high-end equipment manufacturing, special vessels and marine equipment leading the country.

In 2019, Jiangyin became the first county-level city in China with total economic volume exceeding 400 billion yuan.

In recent years, Jiangyin has been taking steps to open wider to the world. It has set up trade ties with nearly 200 countries and regions, and gathered over 3,300 foreign-funded enterprises of various types. A batch of the world's top 500 enterprises such as CITIC Group, Mitsubishi Group and Doosan has made investment in Jiangyin.

Original link: https://en.imsilkroad.com/p/316914.html

Latest Press Release

Chia Tai Presents Scholarship Donation to Support Thai Children towards Promising Future and Sustainable Agriculture

Mr. Manas Chiaravanond, Chief Executive Officer together with Ms. Manunporn Chiaravanond, Assistant Vice President, Chief Operating Officer's Office of Chia Tai Company Limited, Thailand's leading innovative agricultural company, has recently presented...

Hua-Hin Sneaker & Street wear Festival 2020

Market Village Hua Hin Shopping Center invites to the Hua-Hin Sneaker&Street wear Festival 2020. Kingdom of lovers of sports shoes which comes with a variety of famous brands as the largest sneaker in the Southern. A collection of booths selling...

Transform our Atrium Lobby & Pavilion Cafe into a Christmas Eve Gala Buffet Party

Transform our Atrium Lobby & Pavilion Cafe into a truly spectacular celebration of a Christmas Eve Gala Buffet Party Filled with tantalizing array of international dishes: Christmas turkey with raisin and liver stuffing, fresh seafood selection and...

Yadea Announces Marketing Partnership with ADAC SE, Europe's Largest Mobility Club

Yadea Technology Group Co., Ltd ("Yadea", 01585.HK), China's leading e-moped brand, has today announced the launch of a marketing partnership with ADAC SE, Europe's largest mobility club headquartered in Munich, Germany. The partnership is together with...

Zoomlion Wows at bauma China 2020 Exhibition with Launch of Next-Gen Intelligent Construction Machinery Securing Over $US3 Billion in Orders

Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion) has presented its largest outdoor exhibition at bauma China 2020 in Shanghai and launched multiple high-end intelligent products during the three-day international trade...

Related Topics