Rudong county, Nantong has been attracting investment online since the outbreak of the novel coronavirus. It received $152.6 million in foreign investment, half of this year's target, and established five new foreign-funded enterprises in the first quarter of this year.

With the help of local government, Jiangsu Yiwen Microelectronics Technology Co, a Rudong-based company engaged in semiconductor and high-end equipment manufacturing, reached a cooperation agreement online with Global Power Technology Co, the first private enterprise in China to focus on semiconductor silicon carbide chips.

According to Zhang Tiejun, deputy director of Rudong's bureau of commerce, the county has put forward innovative measures to attract investment and promoted online conferences to help with the signing of deals during the outbreak of the novel coronavirus.

In addition, local government has also provided enterprises with protective equipment and targeted services for major projects. Since the beginning of this year, about seven projects have been registered online.

Zhang added that the county recently set up two communication offices in Wuxi and Hangzhou this year, with nine experienced officials dispatched to promote project construction there.