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10 projects signed at Tongzhou promotional fair

chinadaily.com.cn Updated: 2019-10-25

A promotional fair for high-end equipment manufacturing was held in Tongzhou Bay, Nantong, Jiangsu province on Oct 22.

A total of 10 projects were signed, involving offshore equipment, intelligent equipment, automobile components, communication equipment, and new materials. Total investment reached nearly 4.5 billion yuan ($636.64 million).

High-end equipment manufacturing is a major industry in Tongzhou Bay and has greatly contributed to local economic development.

Tongzhou Bay will provide a strong platform, a top-notch business environment, and firm policy support to ensure smooth progress on the signed projects.

In recent years, several high-end projects have been undertaken in Tongzhou Bay and many are still underway, including the construction of a 100-billion-yuan production base for high-quality steel. A new-energy project receiving 5.37 billion yuan in investment has also recently become operational.