The 2024 China Industrial Transfer Development Matchmaking Event opens in Yinchuan, Ningxia, on July 28. [Photo provided to seeningxia.com]
The 2024 China Industrial Transfer Development Matchmaking Event commenced in Yinchuan, Ningxia, on July 28.
The event attracted representatives from national industry associations, various provinces and municipalities, higher education institutions, research institutes, financial institutions, and renowned entrepreneurs from both within and outside Ningxia.
Focusing on key industries such as new materials, digital information, modern chemicals, and light industry textiles, the event aims to serve as an exchange platform, share market opportunities, and jointly promote industrial development, according to authorities.
The event drew over 500 enterprise representatives from across the country, resulting in investment projects from 22 provinces, cities, and autonomous regions. Among these projects, four are valued at over 10 billion yuan ($1.38 billion), and 33 are valued at over 1 billion yuan.
The investments target key sectors including new materials, modern chemicals, digital information, light industry textiles, clean energy, and equipment manufacturing.
Four specialized matchmaking sessions on modern chemicals, new materials, digital information, and light industry textiles, along with two featured industry inspections on goji berries and wine, will allow more entrepreneurs to explore, understand, and promote Ningxia, noted a local official.
Leveraging its rich natural resources, plentiful energy, distinctive industrial features, convenient location and transportation, and unique climate, Ningxia is committed to developing 10 industrial chains, including photovoltaics, energy storage materials, computing power, high-performance fibers, high-end equipment manufacturing, wine grapes, and deep processing of goji berries.