2021 Xuzhou Guangdong-Hong Kong-Maca...

On March 25, the 2021 Xuzhou Guangdong-Hong Kong-Macao Greater Bay Area (Shenzhen) Investment Promotion Conference was held in Shenzhen Municipality, in an effort to take advantage of the opportunities in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, promote the latest development, advantages and prospects of Xuzhou City, and seek new opportunities for win-win cooperation and development. Mayor Zhuang Zhaolin presided over the meeting while Mr. Zhou Tiegen, Secretary of Xuzhou Municipal Party Committee made a presentation on Xuzhou. Other officials from Xuzhou also attended the meeting. In his presentation, Zhou Tiegen introduced the economic and social development of Xuzhou. He noted that after years of painstaking work, Xuzhou has accumulated multiple development advantages, fostered strong development momentum, and capitalized on increasing development factors, and has significantly enhanced its capacity for utilizing global high-end industries, capital, talents, technology, and projects. We have compiled a list of projects to present at this conference, focusing on our strategic emerging industries including equipment and intelligent manufacturing, new energy, integrated circuits and ICT, bio-medicine and health, new materials, and modern finance, high-tech, cultural and creative tourism, etc. These projects are in line with the national policy guidance, aligned with the advantages of Xuzhou's industrial revitalization and transformation, and boast broad market potential and promising development prospects. Xuzhou looks forward to further strengthening its strategic cooperation with Shenzhen. Hopefully, the attendees will have productive dialogues that will lead to businesses set up in Xuzhou. We will continue to maintain the business-friendly environment to help make business start-up easy, life enjoyable and development promising. During the investment promotion session at the Guangdong-Hong Kong-Macao Greater Bay Area, various localities in Xuzhou advanced 70 projects with a total investment of more than 92 billion yuan. At the meeting, 44 projects were selected for collective signing, with a total investment of 55.38 billion yuan, including 3 projects of more than 5 billion yuan, 3 projects of 3 billion to 5 billion yuan, and 12 projects of 1 billion to 3 billion yuan. Large projects over 1 billion yuan accounted for 41%. A total of 11 foreign investment projects were signed with a total investment of 1.69 billion US dollars. 40 projects fall into categories of the six strategic emerging industries, accounting for 90.9% of the total.