Zhangjiagang recently hosted a major signing ceremony featuring 251 projects across key sectors such as technological innovation, green finance, and more. With total financing surpassing 254 billion yuan ($34.83 billion), both the number of signed projects and their combined value marked historic highs for the city.
An aerial view of Zhangjiagang. [Photo/IC]
At the event, a series of initiatives were launched to accelerate financial sector growth. These included the release of new financial policies, the launch of an "AI + Finance" large model application project, and a special action plan to improve financing mechanisms for micro, small, and medium-sized enterprises. Zhangjiagang Financial Asset Investment Company (AIC) also signed a strategic equity investment fund agreement.
In recent years, Zhangjiagang has prioritized the development of its financial industry, actively fostering collaboration among government, banks, insurers, and enterprises. In 2024 alone, new social financing in the city reached 104.5 billion yuan. Notably, Jiangsu Guofu Hydrogen Energy Equipment Co was listed on the Hong Kong Stock Exchange, becoming China's first publicly traded company covering the full industrial chain of hydrogen equipment.
Zhangjiagang's signature financial services brand has supported enterprises nearly 200,000 times, facilitating over 510 billion yuan in financing and credit services—continuously injecting financial vitality into business development and laying a solid foundation for future collaborative growth.