On the morning of October 26, Founder of InvestCHN Chase Wu, Aqseptence Group: Dr. Oliver Zhang, Group Director and General Manager in China region; Andrea Giampaolo, Group Technical Director; Jian Han, Chief Financial Officer in China; Ting Zhang, Assistant General Manager in China region and others were invited to participate “2019 China Taihu Lake Pearl-Changxing International Fair for Investment and Trade” and “Yangtze River Delta Smart Manufacturing Industry Chain Forum”.

  2019 China Taihu Lake Pearl-Changxing International Fair for Investment and Trade held in Changxing County, Huzhou City, Zhejiang Province (referred to as Changxing Fair). This is the 18th of Changxing Fair, Changxing County concentrated on promoting the environment, attracting projects, recruiting industry, technology, talents people, finance and others, mainly to integrating into the Yangtze River Delta, it shows the original intention of Changxing to make “Changxing industry powered county and industrialised county”. Changxing Fair has also developed from county investment promotion activities to a centre powerful investment and economic events in the Yangtze River Delta. Geely New Energy Vehicle Project with a total investment of 32.6 billion Yuan settled in Changxing as the largest single investment project in Huzhou’s history; the tourism complex “Taihu Dragon Dream” project as the largest single tourism project in Huzhou’s history with a total investment of 25.1 billion Yuan; The Zhjiang Energy Smart Energy Technology Industrial Park with a total investment of 5 billion Yuan settled in Changxing Meishan and attracted IKang Technology to established with a total investment of 10.6 billion Yuan; with help of Sino-US trade frictions, the American Industrial Estate project opened and accompanied by other foreign funded projects settled in…..

  Yongquan Qian, Secretary of the Party Committee of the County Bureau of Commerce expressed that “In recent years, Changxing has formed the whole county promoted by the projects “One set of chess” working pattern. The main leaders of the County Party Committee and County Government took the lead to attracting investment, prompted projects by given great confidence to companies.”

  Since this year, Changxing has attracted 136 projects with a total investment of 60.22 billion Yuan, including 19 foreign invested projects with a total investment of 935 million USD. It is estimated that over the year that more than 170 projects with over 100 million Yuan invest in Changxing, it is the new record for Changxing.

  At the opening ceremony of Changxing Fair, 40 Projects was signed (31 projects with over billion Yuan, 6 small, medium and micro technology based projects, 3 strategic cooperation projects), the total investment 31.07 billion Yuan, once again, it breaks the record on the highest in history. The contracted projects are including new energy vehicles and key components, new equipment, new materials, electronic information, biomedicine and other same area industries. In these signed projects at Changxing Fair, there are 2 projects with 5 billion Yuan and 1 project with 10 billion Yuan. Yongqian Qiu the project team leader of the Changxing Fair also said that “Currently, project attracting focused on leading industries and strategic emerging industries. Which most of the signed projects are correspond the conduction.”

  In particular, this year with the intensification of international trade frictions and many trades had bad impact, but Changxing attracted more foreign investment, which it shows vigorous vitality. Since this year, Changxing has a total of 771.8 million USD in contractual foreign investment, 325.2 million USD in actual foreign investment. The two targets ranked first and second in the city. In Changxing Fair contracted projects, there are 9 foreign funded projects, which 7 of projects are from developed countries from European such as Italy, Austria, France, Germany, etc. are purely foreign-funded entity projects. It is improved the quality of foreign-funded projects. At the same time, the scale of foreign investment this year has increased over by half compared to last year. The Carbon Black New Energy Project with an invest of 200 million is the currently largest foreign funded single project.

  Walking into the Changxing industrial platforms, the projects progress can be seen everywhere. For example: In the Changxing Economic and Technological Development Zone, the Geely Changxing transmission project is already entry equipment, joint testing and expected to be show the Geely Vehicle Project in October 2020, after producing it can expect annual revenue of 15.94 billion Yuan with annual tax of 1.3 billion Yuan;  In the Meishan Zheneng Smart Energy Technology Industrial Park, the Akcome Technology working on the project of The high efficiency heterojunction solar cell with a total investment of 10.6 billion Yuan, trial production is hold before the end of November this year; Taihu Dorgan Dream Paradise have opened the open for visitors, during the National Holiday (1st of October), with a total of 300,000 tourists were received. But conference centre, diamond hotel, Taihu ancient town, circus city and animal world hotel are all still on the stage of internal decoration. In the American Industrical Village, a top 500 global company Primetals (Changxing) company has been officially put into production and orders are scheduled to September 2020……

  In addition to the opening ceremony and the project signing ceremony, there will hold the event of “Yangtze River Delta Smart Manufacturing Industry Chain Forum” and “The Fifth Changjiang Business and Rural Talents Conference” with other 20 sub events. At the conference, the National Green Manufacturing Industrial Park and the National Green Finance Support Green Industry Demonstration Zone awarded. Specially, the National Green Finance Support Green Industry Demonstration Zone received a credit of 10 billion Yuan from Changxing Rural Commercial Bank. 20 sub events including Geely supporting enterprise investment promotion conference, new material industry summit forum and academician industry alliance inaugural meeting, the groundbreaking ceremony of Sinochem Blue Sky Lithium-ion Battery Electrolyte Project, the groundbreaking ceremony of Liandong U Valley Changxing South Taihu International Enterprise Port, opening ceremony of Pushi Hotel project in Datang Tribute Tea Health Town and etc.