Xinjiang's Tacheng secures 10bn yuan boost for modern industrial projects

Xu Tao, a fund manager, said it will adhere to market-oriented principles. "We will mobilize more social capital through the parent-subsidiary structure and apply a full-cycle system of pre-investment research, dynamic tracking and post-investment services," he said. "This will ensure resources flow into promising projects, driving both industrial upgrading and sustainable investor returns."

Highlighting Tacheng's financial progress, Tacheng Party Secretary Zhi Xianwei noted that banks have extended 23.2 billion yuan in credit to 25 renewable energy projects, with both deposits and loans jumping 50 percent since the start of the 14th Five-Year Plan.

The conference also released a white paper on industrial fund investment in Tacheng, which outlines investment strategies and cooperation pathways, and a roundtable discussion on industry funds and roadshows by seven enterprises in fields such as aerospace information, low-altitude economy, new energy, biotechnology and advanced equipment.