Dezhou city in East China's Shandong province hosted a large-scale promotion event on June 3 to attract capital investment and facilitate technological cooperation with enterprises and research institutes from the Beijing-Tianjin-Hebei region.

More than 2,000 participants took part in the event, including government officials, experts, and representatives from 89 colleges, universities, and research institutes, as well as 44 high-tech enterprises and more than 200 financial institutions from the Beijing-Tianjin-Hebei region.

The city's 248 key projects involved in Dezhou's high-quality development were promoted at the event, with a target investment amounting to 145.2 billion yuan (about $21 billion) and total financing of 50.6 billion yuan.

Chen Yong, Party secretary of Dezhou, detailed the city's economic and social development. He noted that talents, technologies, and funds are of great importance in promoting high-quality development.

He said that the event, which gathered elites from the tech, business, and financial worlds, will help to generate more pragmatic cooperation and invigorate new vitality to the city's development.

Li Youping, vice director of the Torch High Technology Industry Development Center of the Ministry of Science and Technology, delivered a speech at the opening ceremony.

He said that Dezhou has made full use of its role as Shandong province's central area integrating with the development of the Beijing-Tianjin-Hebei region. The promotion event has become a comprehensive platform for collaborative innovation, cooperation, and technology transactions for Shandong and the Beijing-Tianjin-Hebei region.

Li add that the Torch High Technology Industry Development Center will support the regional cooperation in the transformation of scientific and technological achievements, as well as industrial innovation.

A total of 30 key projects were signed at the ceremony, involving the fields of application of information technology, intelligent equipment manufacturing, and modern agriculture.

Forums and project promotions also took place, with more than 1,800 enterprises taking part.

Jointly organized by the Dezhou government, the Shandong provincial department of science and technology, and the Shandong provincial financial regulatory bureau, the event was designed to attract more investment and high-end talents to further promote the shift of development drivers from old to new ones, as well as integrate the city into the development of the Beijing-Tianjin-Hebei region.

Dezhou city in East China's Shandong province hosts a large-scale promotion event on June 3 to attract capital investment and facilitate technological cooperation with the Beijing-Tianjin-Hebei region. [Photo/dzwww.com]

Chen Yong, Party secretary of Dezhou, delivers a speech at the event. [Photo/dzwww.com]

A total of 30 key projects are signed at the opening ceremony. [Photo/dzwww.com]