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Wuqing attracts investments of $661m from Jan to Aug

Updated : 2023-09-12

In China Tianjin Wuqing Development Area, efforts are being made to improve investment mechanisms, and enhance service quality and efficiency. From January to August this year, a total of 139 high-quality projects have been introduced, with total investments of 4.82 billion yuan (about $661 million).

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Wuqing district, Tianjin [Photo/WeChat account: China Tianjin Wuqing Development Area]

On Aug 31st, Wuqing district held the first Enterprises’ Product Exhibition and Promotion Conference. More than 50 enterprises from the three leading industries of intelligent technology, biopharmaceuticals, and modern services participated. This event is another initiative by Wuqing Development Area to strengthen investment attraction through commercial activities and industry chain integration.

In addition, this year, Wuqing district has organized and participated in over 20 events in Beijing, Hong Kong, and Shenzhen stations of the national investment promotion series. Over 70 investment promotions overseas, in the  Greater Bay Area, Yangtze River Delta, and Pearl River Delta regions were also conducted.

The Wuqing Development Area Investment and Financing Service Center was officially put into operation in August. "After the center was put into operation, we have held three bank-enterprise matchmaking meetings, three investment promotion conferences, and one business support lecture, achieving good results," said a staff of the center.

Investment promotion is a powerful engine driving high-quality economic development. Going forward, Wuqing will continue to strive for the introduction of high-end enterprises, empower local investment attraction, transformation and upgrading, and industrial concentration.