The city of Haimen in Nantong, Jiangsu province, attracted significant investments in the first half of 2018, with 121 projects signed, each worth over 100 million yuan ($14.66 million).

The number of one-billion-yuan projects amounted to 27, including 10 with total investment of 51.5 billion yuan and another two with investment of 30 billion yuan.  

Last year, the Haimen government set up a “5+8” investment attraction system, with five sub-bureaus engaged in holding various events and visiting large enterprises, listed companies, industry associations, chambers of commerce and research institutes in other cities, and eight others dedicated to investment attraction with focus on different industries.

The five sub-bureaus inked 15 100-million-yuan projects in the first half of this year. The Shenzhen team visited some key companies in Shenzhen, including KONKA, VANKE and HONDA, with two five-billion-yuan projects signed. The Shanghai (Puxi) team targeted Shanghai and southern Jiangsu, reaching agreements on four 100-million-yuan projects, with one under construction. Nine other projects are under negotiation, one of which will be signed soon.

With focus on luxury liners, smart manufacturing and modern building, the other eight sub-bureaus signed 20 100-million-yuan projects in total, including a luxury liner industrial park worth 20 billion yuan, the largest high-end manufacturing project in Haimen. Ten other projects, each worth over one billion yuan, will be signed soon. Sijia, a town in Haimen, also signed a one-billion-yuan project in the first half of this year.

The new town of Haimen, Nantong, Jiangsu province [Photo/haimen.gov.cn]