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Jinpu rising as a magnet for investors

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chinadaily.com.cn| Updated: January 30, 2022

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In the past three years, Jinpu New Area has made remarkable strides in investment promotion riding on its high-quality and high-speed economic growth.

With a brand new investment promotion system, Jinpu has kept expanding channels to attract investment. The zone has hosted 7,576 investment promotion activities in the Beijing-Tianjin-Hebei region, the Pearl River Delta, the Yangtze River Delta and other parts of the country. It has also successfully propelled SK Hynix's acquisition of Intel storage department, the launch of the 2,665 projects such as southern urban renewal project, Xiaoyaowan international business community, BOE (Northeast China) innovation center, with an estimated total investment of 1.9 trillion yuan ($290.32 billion). The number and scale of pipeline projects increased 41 percent and 33 percent on average, respectively.

What we have achieved

The Dalian Jinpu New Area has successfully held more than 10 large-scale international events in China, Japan, China and Germany. They include the following: the Circulation Digital Economy Forum, Artificial Intelligence Hosting Summit Forum, China-Korea Automobile Exchange Conference and more.

Focusing on frontier industries such as big data, R&D of chips, cloud computing, artificial intelligence, modern infrastructure, auto manufacturing, new energy and tourism, Jinpu has launched 451 projects with a total investment of 318.6 billion yuan, including the NIDEC industrial park, Xiaoyaowan Wanda Plaza and Age of Wind Ocean Tourism Resort, etc. It has signed 797 projects with a total investment up to 1.03 trillion yuan.

Sky is the limit

Dalian Jinpu New Area is now ranking first in Dalian, Northeast China’s Liaoning province in terms of number and scale of investment projects, reaping fruitful business development outcome over the years. Going forward, the new area will further improve its business environment, promote larger- scale investment, and strive to become a leading new economic zone in Northeast China and the country as a whole.