In a proactive move to stimulate economic growth and foster international collaborations, various districts and towns within Zhangjiagang, Suzhou, Jiangsu province have dispatched teams overseas to attract foreign investments this year.
From Aug 27 to 31, a delegation from the Metallurgical Industrial Park visited a number of institutions in South Korea, such as the Korea Medical Device Development Fund (KMDF) and Pohang University of Science and Technology, and companies like Mvitro, GrapheneSquare, and Henergy. These interactions are expected to further accelerate the influx of South Korean innovation resources into the industrial park.
From Aug 24 to 29, a delegation from the park journeyed to Switzerland and France to promote investment opportunities. The team met with nearly ten prominent European companies, institutions, and universities, including Pureon AG, AAQIUS, the Swiss Federal Institute of Technology in Lausanne, and Ever Dye. They also established a European representative office for the Sino-French Innovative Manufacturing Base.
On Aug 19th, a delegation from the Zhangjiagang Free Trade Zone headed to Australia and engaged with industry leaders such as Albemarle and Tianqi Lithium Energy Australia Pty Ltd. In the first half of 2023, the FTZ secured commitments for two projects worth 2 to 5 billion yuan ($274.59-686.47 million) each. Currently, 23 projects, including one exceeding 10 billion yuan, are steadily progressing.
From Aug 24 to 31, the Fenghuang town delegation visited seven enterprises and institutions in France and Belgium and conducted multiple rounds of investment promotion and cooperation exchange activities. By showcasing the town's favorable investment environment, significant growth potential, and precise support policies, the team showcased a determination to seize more development opportunities.
In 2023, Fenghuang successfully signed contracts for 40 projects, totaling 6.38 billion yuan in investment and covering crucial sectors such as wind power equipment, biomedical research and production, and semiconductor cleaning equipment.
The Fenghuang delegation holds an investment promotion meeting in France. [Photo/WeChat account: zhangjiagangfabu365]