The county-level city of Zhangjiagang in East China's Jiangsu province has over the past few years ramped up efforts to optimize and upgrade its industrial structure so as to contribute to the city's high-quality development, local news reported on Aug 6.

As a result of these efforts, the city received investments totaling 10.1 billion yuan ($1.46 billion) in the first half of this year, up 25.6 percent year-on-year.

Among the investors is Hong Kong-based Xinyi Group, which has invested $860 million into Zhangjiagang's Yangtze Metallurgical Industrial Park over the past three years to fund high-level industrial projects, including high-end glass production and the research and development of lithium batteries.

In addition, Beijing eHualu Information Technology Company invested 10.8 billion yuan to help build a Data Lake that would promote the city's digital economy.

Zhangjiagang authorities said that the city will speed up the pace of intellectualized reconstruction, industrial transformation, energy conservation and emission reduction so as to create consistent driving forces for advancing economic recovery and growth.