Since the beginning of this year, Qidong has secured 25 industrial projects with more than 100 million yuan ($13.76 million) each in investment, bringing the total agreed investment to 16.5 billion yuan.

Among these projects is the Hemudu Industrial Internet Digital Operation Regional Center, funded by Shanghai Aipu Waton Electronic Technology Group. This operation center serves as a platform for smart buildings, smart cities, and smart homes industries. Currently in trial operation, it has already generated 21.35 million yuan in sales.

Xiang Yi, deputy director of the Qidong Hi-Tech Zone Administrative Committee, added that the investor also plans to establish a platform offering product procurement and comprehensive services, which will provide support previously accessible only in major cities to enterprises within the zone.

The decision to choose Qidong for such high-quality projects is attributed to the Qidong Hi-Tech Zone's commitment to offering a strong business environment characterized by optimized processes, high efficiency, and high-quality services.

Hua Jian'gang, chairman of Aipu Waton, praised the support, saying, "Since learning about our investment intentions, the park has actively helped us in all areas, especially with recruitment and office space."

The East China regional headquarters and production base of People Holding Group is also progressing swiftly in Qidong Hi-Tech Zone. With a total investment of about 6 billion yuan, the project is expected to achieve annual taxable sales of at least 5 billion yuan once operational.