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Jiaxing signs agreements for major foreign investment projects

chinadaily.com.cn| Updated: May 18, 2023 L M S

The 3rd China-CEEC Expo & International Consumer Goods Expo and the 24th China Zhejiang Investment & Trade Symposium opened on May 16 in Ningbo, East China's Zhejiang province.

A forum on investing in Zhejiang, a part of the 24th China Zhejiang Investment & Trade Symposium, attracted a number of attendees, including representatives from Fortune Global 500 companies, leading multinational enterprises, international intermediary service agencies and well-known business associations.

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A signing ceremony for key foreign investment projects is held on May 16 during the forum on investing in Zhejiang, a part of the 24th China Zhejiang Investment & Trade Symposium. [Photo/tianmunews.com]

A signing ceremony for key foreign investment projects was also held on the same day during the forum. Agreements for 14 of Jiaxing's major foreign investment projects were signed, with a total investment of $3.66 billion.

In recent years, high-quality foreign investment has been flowing into Jiaxing due to its continuously optimized business environment.

By the end of 2022, the city had made use of more than $45 billion in foreign investment and introduced 198 projects from Fortune Global 500 companies, and the city's registered overseas direct investment totaled $17 billion.