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Xinhua Silk Road
News for Outlets

E. China's Changshu harvests 97.6-bln-yuan deals at economic and trade conference

November 10, 2020


Abstract : The Changshu Golden Autumn Economic & Trade Conference held on November 6 sealed 97.6 billion yuan worth of contracts for the eastern Chinese city, covering key industries such as electronic information, life and health, logistics and trade, digital economy and hydrogen fuel cell.

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Photo: Project signing ceremony of the Changshu Golden Autumn Economic & Trade Conference held on Nov. 6 in Changshu city, east China's Jiangsu Province.

BEIJING, Nov. 10 (Xinhua) -- The Changshu Golden Autumn Economic & Trade Conference held on November 6 sealed 97.6 billion yuan worth of contracts for the eastern Chinese city, covering key industries such as electronic information, life and health, logistics and trade, digital economy and hydrogen fuel cell.

Among them, 25 projects of 57.5 billion yuan worth were inked on site, witnessed by about 280 guests including project representatives, third-party intermediary agencies and key enterprise representatives.

Themed on "frequent visits to Changshu is highly welcomed for a prosperous future together", the conference highlighted Changshu's continuous efforts towards market-oriented, legalized and international business environment with relevant progress and achievements awarded among China's "Top 100 Counties for Business Environment" and "Demonstration Counties for International Business Environment Construction".

Relevant measures on further improving business environment was introduced by city mayor Jiao Yafei at the event, who also elaborated on China Speech Valley (Suzhou) development strategy and Suzhou (Changshu) Industrial Internet Innovation and Entrepreneurship Competition achievements.

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Photo: Zhou Qindi, party chief of Changshu, delivers a speech at the Changshu Golden Autumn Economic & Trade Conference held on Nov. 6 in Changshu.

As a domestic benchmark for county economy development and an internationally recognized manufacturing and industry highland, Changshu boasts advantages in terms of location, cost and industrial foundation, according to Zhou Qindi, party chief of Changshu.

Changshu will move towards a modern industrial structure supported by three pillar industries, five key industries and four characteristic industries that could extend, complement as well as strengthen existing industry chains for high-quality economic development, Zhou noted.

Looking into the future, Changshu blueprinted a "golden development period" that features spatial development, fashionable city, new-emerging industries, beautiful scenery, high-quality tourism as well as civil virtue for the next five years, according to Zhou.

For example, the city government has secured 157,700 mu (about 10,513.3 hectares) as industrial land during the 2021-2025 period to better support project investment, Zhou said. (Edited by Niu Huizhe with Xinhua Silk Road, niuhuizhe@xinhua.org)

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Keyword: Jiangsu Changshu

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