On the afternoon of September 20, Founder of InvestCHN Chase Wu and his delegation were invited to participate opening ceremony of 2018 China Pinghu Watermelon Lantern Cultural Festival and Investment & Trade Fair. The theme of Watermelon Lantern Cultural Festival is “beautiful, Jinping Lake”, it divided to different chapters such economic and trade, culture, towns and streets, and environment.
In the afternoon of Investment & Trade Fair on the day, Nidec Automotive Motor (Zhejiang) Co., Ltd. increased invest for 100 million Yuan to develop new energy vehicle power steering motor projects; Warrens Offshore Holdings (Hong Kong) Co., Ltd. invested 150 million USD; Smart construction equipment manufacturing, E-commerce Industrial Park and etc. other 30 projects were successfully signed with a total investment of 23.14 billion Yuan. These projects are including advanced equipment manufacturing, new materials, electronic information, energy conservation and environmental protection and other multiple industries.
With its good location advantages, gathered industrial advantages, a great development environment. Until now, Pinghu City has most 40 Top 500 international industry leaders such as ThyssenKrupp and ITOCHU Corporation; More than 600 regulated industrial enterprises and more than 250 regulated service companies with the steady development of these companies, it providing development motivation for Jinping Lake.
Hailong Qi, Secretary of the Pinghu Municipal Party Committee expressed that Pinghu people have always had the spirit of "making all things serious” and “repayment benefits", it is great place to start business and live here with one of the best satisfactions of government services in all provinces. It is also one of the regions with the best business environment in China.
Pinghu Economic and Technological Development Zone insists on opening, to build a new science and technology city, with a high standard to promote the construction of the Sino-Japanese Industrial Cooperation Park and the European (Germany) Industrial Park. To create a national level development zone for high quality foreign investment; Dushan Port Economic Development Zone takes advantage of its coastal advantages, develops the port economy and also builds Zhejiang-Shanghai New Material Industrial Park with Shanghai to create a model place for integration of cross-regional industries development; Zhangjiang Yangtze River Delta Science and Technology City insists on "planning high starting point, high quality construction, high level management and high technology projects” with resource advantages from Shanghai and cost advantages from Zhejiang. It is create a “test field” for the integrated development on Yangtze River Delta; Pinghu Agricultural Economic Development Zone will build an agricultural Valley to create a highland for agricultural innovation and become the “leader” in rural revitalisation.