Xinhua Silk Road: E China's Changzhou City unveils investment opportunities in sectors of new productive forces for global investors

BEIJING,Sept. 29, 2024/PRNewswire/ --ChangzhouCity, an leading international smart manufacturing base located in eastChina'sJiangsu Province, has released a bunch of investment investment opportunities to global investors in various sectors of new productive forces at the the 2024 New Energy Industry Development Conference& Invest in Changzhou Conference held in the city onSeptember 19.

The investment opportunities covers nine areas including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence, manifesting the confidence ofChangzhouin further opening development. 

Changzhou, seated in the axis of the Yangtze River Delta, has become an important base for advanced manufacturing inChina.

In recent years, thanks to intensified efforts in developing new energy industry and fostering new quality productive forces,Changzhouhas expanded the added value of its industrial sector to more thantwo trillion yuan, with manufacturing added value accounting for about 43 percent, both ranking among the top three inJiangsu Province.

In the Hurun China New Energy Cities 2024, a list released by the Hurun Research Institute at the conference,Changzhouranked first among other cities in the country for three consecutive years in terms of investment attractiveness and concentration.

Changzhouhas accumulated a total of10.59 billion US dollars(nearly74.25 billion yuan) in terms of actually utilized foreign capital since 2020. Major projects such as soft magnetism of ArcelorMittal and medical device of BIOS, aHong Kong-based company, have been launched during the conference. 

In addition,Changzhouhas released a multilingual guide for foreign nationals inChangzhouat the conference, which includes practical service items in stay and residence, work, convenient payment options, among others, turning the city into a more open and international place.

Original link:https://en.imsilkroad.com/p/342380.html

SOURCE Xinhua Silk Road