BEIJING, Oct. 22, 2024 /PRNewswire/ — After paid-in foreign investment renewed to a 20-year high last year, Jiangyin, a private economy-reliant city in east China, saw its January-August data of the kind surge to 1.16 billion U.S.
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BEIJING, Oct. 22, 2024 /PRNewswire/ — After paid-in foreign investment renewed to a 20-year high last year, Jiangyin, a private economy-reliant city in east China, saw its January-August data of the kind surge to 1.16 billion U.S. dollars.
Photo provided by the publicity department of CPC Jiangyin municipal committee shows an aerial view of Jiangyin City in east China’s Jiangsu Province.
The city, as a pacesetter among comparable localities in Jiangsu Province, absorbed the eye-catching foreign investment from both old and new foreign investors eager to participate in its strategically emerging industries.
Boasting relatively resilient foundations for integrated circuit, new energy, high-end equipment, bio-pharmacy, and other industries, Jiangyin City embraced 44 new foreign-invested projects in the first eight months of this year.
For instance, the city welcomed in August a new…