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Taicang sets up new investment promotion centers

chinadaily.com.cn | Updated: September 8, 2021

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The unveiling ceremony of two investment promotion centers is held in Taicang on Sept 1. [Photo/taicangdaily.com.cn]

The Taicang High-Tech Industrial Development Zone in Taicang, Jiangsu province established the Industry Investment Promotion Center and Technology Investment Promotion Center on Sept 1.

The industry center will focus on bringing projects related to high-end manufacturing, aviation and aerospace, biological medicine, new energy vehicles, as well as digital economy. Priorities will be given to German investors.

The technology center will focus on technologies and talents and invite innovation platforms such as universities to set up institutes in the city.

The Taicang High-Tech Industrial Development Zone has organized three group signing ceremonies this year. The achievements include six major projects, each with an investment of $100 million, and 58 startup companies led by doctoral degree holders.