Qidong's vigorous investment drive bears fruit with 30 major project agreements signed

Qidong in Nantong, Jiangsu province has been experiencing a wave of signings of industrial project agreements this year, with 30 projects valued at over 1 billion yuan ($138.44 million) each being inked into effect.

Focusing on key industries like biomedicine, electronic information, semiconductors, port equipment, and new energy, Qidong has organized 24 investment promotion activities, efficiently connecting with key enterprises.

The success in attracting investment owes much to a dedicated team. Currently, more than 100 full-time investment promotion personnel are deployed, with 80 percent stationed in Shanghai and the southern Jiangsu region. This year, Qidong has also established investment promotion offices in Wuxi and Suzhou's Kunshan.

On March 21, the China-Lyusi Port (Shanghai) Electric Tool Industry Investment Promotion Conference was held in Shanghai, with nearly 50 companies participating. During the event, six companies, including Shanghai Huacheng Elevator Technology Co Ltd, signed agreements with Qidong.