Agreements on seven high-quality projects to settle in the Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan) were signed at Southern Software Park on Feb 28. Spanning industries of new energy, big health, smart equipment, and artificial intelligence, the projects are estimated to generate 6.3 billion yuan ($997.9 million) in annual output value. 

With total investment of 3.9 billion yuan ($617.8 million), they are also expected to boost the development of the zone's manufacturing industry and real economy, while contributing to local high-quality economic development. 

Contract signing ceremony [Photo courtesy WeChat account: zh_gxq]

Zhuhai Unitech Power Technology, a high-tech company focusing on industrial security and intelligence established in 1998, will invest 1.24 billion yuan ($196 million) to set up headquarters focusing on smart grids. 

An 800-million-yuan ($127-million) investment will be made by Zhuhai Pusen Medical Technology for an R&D and production base focusing on disposable electronic endoscopes. The company will also integrate domestic and overseas resources to build facilities such as laboratories, a global academic exchange and training center, industry-university-research center, as well as an innovation demonstration base.

Other projects include Beijing-based CVBLab's intelligent defect detection equipment production base, Guangzhou Chuangqi Medical Technology's industrialization of invisible lingual correction system, and Zhuhai Haomiao Intelligent Technology's intelligent architecture management platform.

Comprehensive 24/7 follow-up services will be available for the companies to help their projects start operation sooner, according to Wang Xiaobin, director of the zone's administrative committee.

Three investment attraction service platforms were set up by the hi-tech zone in Beijing, Shenzhen, and Suzhou of Jiangsu province, aiming to attract 160 high-quality projects with over 48 billion yuan ($8 billion) in investment this year.