Lishui Economic and Technological Development Zone in Lishui, Zhejiang province, ushered in a new chapter recently by successively holding two events – the 2020 Lishui (Shanghai) Semiconductor Industry Investment Promotion and the Angel China Science and Technology Innovation Competition. Both events were held at Lujiazui financial area in Shanghai.

The events were opportunities for the development zone to be involved in the national strategy for the integration of the Yangtze River Delta (YRD) region.

More than 40 Shanghai semiconductor enterprises and venture capital institutions were invited to attend the semiconductor industry investment promotion, and seven cooperation intention agreements were reached in epitaxial wafers, laser radar, sensor components and 5G communications.

The innovation competition attracted several projects, including high-level talents with doctorates and master's degrees, as well as overseas returnees.

Location, transport and environment advantages make Lishui Economic and Technological Development Zone strongly competitive in quality life and low-cost entrepreneurship.

The zone has been striving to further opening-up and develop in a more innovative way since the beginning of 2020, with the aim of deepening its involvement in YRD integration.

From January to June this year, the zone introduced 13 projects with total investment of 9.98 billion yuan ($1.43 billion).