PR Newswire
09 Sep 2022, 15:53 GMT+10
BEIJING, Sept. 9, 2022 /PRNewswire/ -- A conference on the development of emerging industry was held on Wednesday in Kunshan, celebrating the 30th anniversary of the economic and technological development zone (ETDZ) and witnessing a series of projects inked, commenced and completed.
Thirty-three projects with total investment of over 50 billion yuan (about 7.18 billion U.S. dollars) were signed in the city of Kunshan in east China's Jiangsu Province, covering areas of digital economy, smart manufacturing and new energy. Meanwhile, a total of 45 projects were officially commenced and 46 projects were completed, according to the event organizer.
In addition, two new platforms, including Beijing Stock Exchange Kunshan base and Kunshan small and medium-sized enterprises incubation center, were unveiled during the event.
Kunshan is a pioneer in China's opening-up drive. Approved as a state-level economic and technological development zone by the country's State Council in 1992, Kunshan has attracted foreign investment of over 43 billion U.S. dollars from 51 countries and regions, funneling in more than 2,700 projects. There are 52 Global Fortune 500 enterprises setting up factories in Kunshan.
In 2021, Kunshan recorded a regional gross domestic product (GDP) of 474.81 billion yuan, registered over 1 trillion yuan of total output by industrial enterprises above designated size, and saw total exports and imports worth 106.6 billion U.S. dollars, with the foreign trade figure ranking the first among China's county-level cities.
The achievements were made thanks to Kunshan's efforts in optimizing business environment. It has rolled out new policies for four consecutive years to improve business climate.
See the original link: https://en.imsilkroad.com/p/329900.html
SOURCE Xinhua Silk Road
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationAUSTIN/SANTA FE: Texas/New Mexico have reported 28 new measles cases in the past five days, bringing the total to 256 since the outbreak...
WASHINGTON, D.C.: U.S. Transportation Secretary Sean Duffy announced that helicopters will be permanently banned from flying near Washington...
NEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...
WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....
ALBANY, New York: New York fired over 2,000 prison guards this week for not returning to work after a weeks-long strike that disrupted...
BEIJING, China: China has announced new tariffs on Canadian agricultural and food products in retaliation for Canada's recent duties...
LONDON, U.K.: Virgin Group is seeking to raise $900 million to fund its plan to launch cross-channel rail services, positioning itself...
SEATTLE, Washington: Boeing saw a significant increase in aircraft deliveries in February, reporting 44 planes delivered compared to...
DALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...
NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...