Quzhou in Zhejiang province held an investment promotion event in Shanghai on April 22.

Gao Yi, Party secretary of Quzhou, led a delegation in conducting field surveys of major enterprises, including Gravity XR and Want Wang China Holdings Ltd, to gain an in-depth understanding of industrial trends, technological research and development, market demand, financial investment, and more.

The delegation also engaged in exchange meetings to seek further collaboration with these enterprises.

Gao Yi, Party secretary of Quzhou, noted that authorities have in recent years been focusing on establishing complete industrial chains related to new materials, new energy, integrated circuits, high-end equipment, life and health, and specialty paper. He also extended an invitation to representatives of these enterprises to conduct field surveys in Quzhou.

Gao outlined Quzhou's industrial achievements, business environment, and living conditions, expressing the local government's commitment to providing optimized services and streamlining approval procedures.

The city secured 21 projects with a combined investment of exceeding 13 billion yuan ($1.79 billion) during the event.

The projects are related to fields such as new materials, new energy, high-end equipment, life and health, and the digital economy.