Cargo is loaded onto ships in Taicang port, Jiangsu province. [Photo by Ji Haixin/For China Daily]

Taicang in East China's Jiangsu province attracted foreign capital totaling $844 million in the first quarter of 2022, up 36.53 percent year-on-year, according to local commerce authorities on April 26.

In the same period, the city registered 34 foreign-invested projects worth $531 million, up 59.37 percent year-on-year. Eighteen existing foreign-invested projects received new investments worth $319 million, up 7.6 percent year-on-year.

The city's commerce authorities are currently organizing online match-making meetings for local companies and their foreign counterparts. Since April, 43 such meetings have been held, leading to negotiations for 80 projects.