A signing ceremony for key foreign investment projects in Zhangjiagang, Jiangsu province is held. [Photo/WeChat account: zhangjiagangfabu365]
Agreements for five foreign investment projects of the Zhangjiagang high-tech industrial development zone were signed in Zhangjiagang, Jiangsu province on Dec 9. The projects involve smart equipment, digital economy, new energy, and new materials, with a total investment of $1.03 billion.
The Zhangjiagang high-tech zone is a great choice for investment because of its solid industrial foundation, superior business environment and convenient location and transportation infrastructure.
Japan's communications equipment manufacturing and researching base has received a total of $400 million in investment and will engage in the research and production of digital products, communications equipment, and office equipment.
With an investment of $300 million in a digital industry base in the Yangtze River Delta, Crect Newretail Development Co Ltd will build a new retail digital industry cluster to serve the distribution of consumer goods in the Yangtze River Delta region.
Japan's Toyoko Semiconductor Equipment Project has received a total of $200 million in investment and will produce wafer handling equipment, cleaning equipment, and cutting and separation equipment.
These high-tech projects will promote the industrial transformation and upgrading of the city and accelerate the development of a more competitive modern industrial system.
Moving forward, the city will improve administrative efficiency and services to create an optimal business environment and attract more investment.