Qingdao's Chengyang District Embraces Concentrated Contract Signing of 21 Major Investment Projects Worth 31.3 Billion Yuan

On the morning of February 20, 21 major investment projects were signed altogether in Chengyang District of Qingdao, covering key industrial chains such as integrated circuits, food and beverages, biomedicine and medical devices. Two projects were worth over 5 billion yuan respectively, and the total investment in signed projects reached 31.3 billion yuan.

The 2023 concentrated contract signing ceremony of Chengyang District in the first quarter [Photo via the Publicity Department of CPC Chengyang District Committee]

In 2022, relevant personnel from Chengyang District traveled to more than 20 cities to attract investment 59 times and visited over 200 enterprises; 157 projects have been negotiated, and 92 projects worth more than 100 million yuan respectively have been signed over the year, with a total planned investment of 102 billion yuan. In 2022, three leading industrial chain projects introduced by Chengyang District were negotiated, signed and launched in the same year.

In 2023, Chengyang District will clarify tasks of investment promotion, focus on leading enterprises of key industrial chains, Fortune Global 500 companies, centrally-administered state-owned enterprises, and top 10 enterprises in various industries, and try to boost investment promotion in integrated circuits, biomedicine, medical devices, energy storage and other industrial chains. This year, it will strive to introduce no less than 14 leading enterprises of key industrial chains, and attract no less than 100 projects in the upstream and downstream industrial chains. (Text by Xu Ting)