– Xinhua Silk Road: Investment promotion adds new vitality to east China city’s high-quality development
BEIJING, Nov. 14, 2023 /PRNewswire/ — An investment promotion and cooperation forum was held on Friday in Xishan District of Wuxi City, east China’s Jiangsu Province, injecting new impetus into local efforts to promote high-quality development.
At the forum, 43 large industrial projects with a total investment of more than 46.5 billion yuan (about 6.38 billion US dollars) were signed, six fund cooperation projects with a total scale of 5.3 billion yuan were signed, and awarded several global investment partners.
The newly signed projects are of large scale, high quality and promising prospects, explained a senior government official from Xishan County, noting that the projects are useful not only in improving the supply chains of traditional and emerging industries, but also in promoting the design of future industries. The implementation of these projects will lay a stronger foundation for the accelerated formation of new productivity in the district.
In recent years, Xishan has focused on the construction of industrial clusters and prominent parks and areas. With the accelerated formation of new energy, integrated circuits, biomedicine and other industrial ecosystems, coupled with its welcoming business environment, convenient location and large development space, the district has attracted many investors.
Since last year’s forum, the district has successively awarded three batches of 18 global investment cooperation partners, while Friday’s event held the award ceremony for the fourth batch of partners, which are expected to provide beneficial support to Xishan in terms of investment in projects and industrial development, presentation of talents, organization of events and advertising and promotion.
During the event, a global economic and trade cooperation network was officially launched, combining comprehensive service platforms at the municipal and district level, as well as contact centers connecting the district and the world. To date, more than 100 contact centers have been created in Asia, Europe and America.
Since September this year, Xishan District has held 24 investment promotion activities, highlighting various sectors, regions and industrial parks.
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