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​Jining makes great progress in attracting investment

chinadaily.com.cn| Updated: April 25, 2021

Jining in East China's Shandong province has had great success in its efforts to attract investment, with 60 major projects expected to start in the city.

A ceremony held on April 17 witnessed the signing of agreements for 60 major projects that are receiving a total of $429 million in foreign investment from companies located in the Yantze River Delta region. The projects included one valued at 5 billion yuan (about $770 million), as well as 25 projects worth between 1 and 5 billion yuan.

Most of the projects are involved in sectors that the city has focused on developing, such as information technology, new energy, new materials, high-end equipment, chemicals, and the medical industries.

A seminar on industrial development and talent attraction also took place in Shanghai to complement the signing ceremony.