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Haimen's investment attraction efforts pay off

en.nantong.gov.cn

Updated: 2023-08-30

A delegation from Haimen district in Nantong, East China's Jiangsu province, recently visited a Shenzhen-based new-generation information technology company and its branches in cities like Zhaoqing and Xi'an, and successfully secured an electronic chip-mounting project.

This is just one example of Haimen authorities making efforts to attract more investments. It secured four major foreign-funded projects, 12 major projects, and 24 scientific and technological innovation projects in the first half of this year, according to local media reports.

A series of actions taken by authorities, including providing efficient government services and connecting supply chains for investors, has led to remarkable results.

Wu Jianrong, head of the Haimen Economic Development Zone's investment promotion bureau, said that the staff members often need to work overnight to ensure the files needed for business negotiations are fully prepared.

Yu Shushu, a staff member of the bureau, claimed that she needed to work through the night during the negotiation for a 5-billion-yuan ($686.2 million) photovoltaic project that was launched in Haimen in June.

Zhao Qingsheng, general manager of Beijing Mingzhu New Material Technology Co, said that he decided to establish a presence in the district largely due to its favorable business environment, as local officials served as a bridge to help him engage with the provider of an automatic production line.