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Jingzhou becomes national hotspot for investment
Updated: 2022-10-19 15:00:28

In the past month of September, good news on investment promotion came pouring in. In the first three quarters of this year, Jingzhou signed six 10-billion-level projects, with a total investment of RMB78.2 billion.

On September 28, Nanjing Dongjin Group's stainless steel composite new material project with an annual output of 2 million tons found home in Gongan County, with a total investment of RMB 12.1 billion and a land area of about 1,000 mu. The estimated total output value of the first, second and third phases after the project is put into production will be about RMB 30 billion, with profits and taxes of about RMB 5 billion. In the first three quarters of this year, Jingzhou signed six 10-billion-level projects, with a total investment of RMB 78.2 billion.

Also in September, at the 22nd China International Fair for Investment and Trade (CIFIT) held in Xiamen, Fujian Province, Jingzhou, as the only representative of Hubei Province, was among the 18 national hotspots for investment. On the first day of the CIFIT, Jingzhou signed a total of five projects, with a total investment of RMB 4.2 billion. At the Yangtze River Delta Industrial Transfer Investment Promotion Undertaken by Jingzhou Economic Development Zone & Centralized Project Signing held in Wuxi, Jiangsu Province, 20 projects valued RMB 100 million and above were signed, with a total investment of more than RMB 24.72 billion.

At the centralized signing ceremony of investment promotion held in Jingzhou District and Jingzhou High-tech Zone in the third quarter of 2022, 20 projects were signed, with a total investment of RMB 11.592 billion. Since the beginning of this year, Jingzhou District and Jingzhou High-tech Zone have focused on strengthening, extending and supplementing the industry chain in all links to attract investment, and plan to sign 100 new projects valued RMB 100 million and above.

Since the beginning of this year, Jingzhou has sent 1,088 cadres and 284 teams to attract investment in the Yangtze River Delta, the Pearl River Delta, and the Beijing-Tianjin-Hebei region, launching a battle of industrial breakthrough, investment promotion, three-dimensional investment and double optimization.

So far, Jingzhou has made outstanding achievements in attracting investment and signed a large number of quality projects. The city has signed 733 new projects valued RMB 100 million and above, with a total contract value of RMB 408.2 billion, and completed 122% of its annual target, with a year-on-year increase of 93.4%.


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