A total of 46 projects with an aggregate investment value of 23.13 billion yuan are agreed upon in Huzhou's Nanxun district on Feb 18. [Photo/WeChat account: huzhoufabu]

Fifty-three investment projects valued at 47.59 billion yuan ($7 billion) broke ground in Nanxun district, Huzhou, East China's Zhejiang province on Feb 18.

The projects primarily involve auto parts, new materials, culture and tourism.

That same day, the deals for 46 projects with an aggregate investment value of 23.13 billion yuan were agreed upon in the district. These projects are mainly related to sectors like smart manufacturing, digital economy and creative culture.

Chen Hao, Party chief of Huzhou, pointed out at the signing ceremony that the 46 projects which will be established in Nanxun, a bridgehead linking Huzhou with Shanghai, will bolster the city's high-quality development.

He also called on officials present to sustain their efforts to optimize the local business climate so as to attract more businesses to invest in the city. In August 2022, Huzhou initiated a campaign to build itself into a city with low cost of doing business and a high-quality life.