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A representative gives a speech at a promotional event held by Rugao Economic and Technological Development Zone to attract investment. [Photo/WeChat account: RGETDZ]

Rugao Economic and Technological Development Zone in Rugao, Nantong, East China's Jiangsu province organized a promotional event in Shenzhen, South China's Guangdong province, on April 17 to attract investment.

Three companies from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) signed investment or cooperation agreements with the development zone at a ceremony held after the promotional event.

A detailed presentation about the zone was given at the event. According to Ding Zhijun, deputy head of the zone's No 2 bureau of investment attraction, the development zone boasts "the best business environment in Jiangsu", possessing mature automotive and smart equipment manufacturing industries.

The zone is currently making great efforts to develop its hydrogen energy, information technology, and modern services sectors, added Ding. He also expressed hope that the zone can work more with businesses in the Greater Bay Area to explore the huge market potential, as well as share business information and opportunities.

His views were echoed by a number of executives and industry insiders who agreed that Rugao is an ideal investment destination with "a great business environment and convenient transportation."