Thursday 2 April 2020

Zhongshan attracts almost 55 billion yuan investment via recent trade, investment fair



KUALA LUMPUR, April 1 -- The Zhongshan Trade and Investment Fair was recently held in Zhongshan, China, attracting 52 high-quality projects with nearly 55 billion yuan of total investment. (100 yuan = RM60.87)

According to a statement, the projects are mainly related to financial services, headquarters economy, biomedicine, intelligent manufacturing, testing and supply chain upgrades.

Forty-one projects were signed at the opening ceremony, with 38 signed via video conference, and three projects from TCL, Midea and Mingyang, respectively, signed on site.

When promoting the city’s business environment, mayor of Zhongshan, Wei Weihan, said within five years from this year, Zhongshan would invest 150 billion yuan to improve its transportation system covering high-speed rail, intercity railway, expressway, water transport and city terminals.

Meanwhile, Zhongshan plans to speed up the construction of two major scientific facilities and two high-level universities.

In early-February, Chinese governments at all levels, including Guangdong province, clearly stated their support for the resumption of operation and production.

By releasing 20 measures to support enterprises and holding the 2020 Zhongshan Trade and Investment Fair and the Top Talent Networking Zhongshan event, the city has shown a good trend of supporting enterprises' development and attracting talents.

-- BERNAMA

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