Changqing district attracts 54 projects worth 22.6b yuan

A total of 54 projects worth 22.6 billion yuan ($3.37 billion) were signed in Jinan's Changqing district on April 26.

As revealed at the signing ceremony, the projects cover a range of emerging industries, including high-end equipment, intelligent manufacturing, new energy and medical care.

Changqing district has become more attractive to investors since the establishment of the Changqing Yellow River Bridge and Jinan Metro Line 1, as well as the construction of the Jinan-Zhengzhou high-speed railway.

The district will take advantage of the city government's supportive policies to attract more investment and further promote its role as a new growth driver for the city, said Wang Qinguang, Party secretary of Changqing district.

To this end, the district has held a series of investment forums in Japan, Hong Kong and other overseas areas promoting its healthy business environment.

In 2018, the actual amount of foreign capital utilized in the city was $126 million. Four foreign investment companies set up operations in the district, generating contractual foreign capital of $91.87 million.