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Lishui city aims high to boost investment

chinadaily.com.cn| Updated : Mar 9, 2023 L M S

Lishui city in East China's Zhejiang province issued a white paper called Twenty Opinions on Further Strengthening Investment Attraction Work on March 7 – aiming to further boost investment and recruitment and achieve a leapfrog advance in its high-quality development.

According to the paper, the city's Liandu district and Qingtian, Jinyun and Suichang counties should leverage their locational and industrial advantages to help attract investment projects costing 5 billion yuan ($717.32 million) or more.

It proposes that the county-level city of Longquan and Songyang county should ramp up efforts to win over projects of 5 billion yuan. Moreover, Yunhe, Qingyuan and Jingning counties should also lobby hard to fully tap their potential as magnets for attracting projects of more than 2 billion yuan.

Lishui will also strengthen its links between the primary, secondary and tertiary industries – driving investment in the primary and tertiary industries by introducing manufacturing projects in particular.

Relying on its characteristic strengths – including agriculture, forestry, water resources and Chinese medicinal materials – the city plans to focus on attracting leading processing companies.

The city will assist its administrative regions to introduce emerging sectors such as new energy storage, high-end machine tools, smart transportation and the metaverse.

In addition, Lishui will bolster efforts to recruit and train high-level personnel and skilled people, including engineers and technical craftsmen.