PR86188

BEIJING, Oct. 20, 2020 /PRNewswire=KYODO JBN/ --

137 projects involving a total investment of 91.15 billion yuan were signed at

the Jiangyin Symposium on Economic and Trade Cooperation held on last Friday in

Jiangyin city, east China's Jiangsu province.

Of the total projects, 15 were foreign-invested ones with a total investment of

3.52 billion yuan.

In terms of investment fields, 111 were manufacturing projects with a total

investment of 64.02 billion yuan, covering such fields as new energy, new

materials, and auto parts. The remaining 26 projects with a total investment of

27.13 billion yuan were service projects related to intelligent warehousing,

transportation and logistics, biomedicine, cross-border e-commerce and other areas.

Nearly 500 businessmen from more than ten countries and regions including

Italy, the U.K., Japan, the Republic of Korea (ROK) and Israel attended the

Jiangyin Symposium on Economic and Trade Cooperation.

During the event, three major projects, namely the e-commerce industrial park

of Jiangyin, foreign trade and live-streaming sales promotion festival, as well

as China-ROK cross-border e-commerce project, were also launched.

Jiangyin has been ranked first in the list of China's top 100 counties (cities)

in terms of industrial strength for three consecutive years, with its high-end

textile and clothing, special steel, high-end equipment manufacturing, special

vessels and marine equipment leading the country.

In 2019, Jiangyin became the first county-level city in China with total

economic volume exceeding 400 billion yuan.

In recent years, Jiangyin has been taking steps to open wider to the world. It

has set up trade ties with nearly 200 countries and regions, and gathered over

3,300 foreign-funded enterprises of various types. A batch of the world's top

500 enterprises such as CITIC Group, Mitsubishi Group and Doosan has made

investment in Jiangyin.

Original link: https://en.imsilkroad.com/p/316914.html 

SOURCE:  Xinhua Silk Road