Tai'an holds the Second Quarter of 2024 "Project Signing Competition" Signing Ceremony on June 12. [Photo by Sun Zhen/Dazhong News]

Tai'an held the Second Quarter of 2024 "Project Signing Competition" Signing Ceremony on June 12. Agreements for 52 projects were signed, with a planned total investment of 40.75 billion yuan ($5.62 billion).

The projects included collaborations with iFlytek and Dahua Technology.

The ceremony also featured an event promoting key development industries, which was held by the State-owned Assets Supervision and Administration Commission of the Tai'an Municipal People's Government.

In recent years, Tai'an has seized the opportunity to establish itself as a pioneer zone for green, low-carbon, and high-quality development, as well as for ecological protection and high-quality development in the Yellow River Basin of Shandong province.

The city has promoted new industrialization, modern services, cultural and tourism integration, rural vitalization, and common prosperity.

From January to April, the added value of industries above designated size in Tai'an increased by 9.1 percent year-on-year.