During the January-October period of 2023, the city signed contracts for 104 new projects worth more than 100 million yuan. — Xinhua
BEIJING: Changyi, a county-level city in Weifang, Shandong province, is strategically positioning itself as an investment magnet to draw in more investors, as part of efforts to provide robust momentum and support for high-quality economic development.
During the January-October period of 2023, the city conducted 105 targeted investment promotion activities in first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, signing contracts for 104 new projects worth more than 100 million yuan.
Construction has begun on 36 projects, while 10 projects have been made operational, according to data from the local government.
“All that enterprises intending to invest need to do is to provide project information during the coordination process. We take care of the rest, in order to simplify the processes for businesses as much as possible,” said Xia Haitao, director of Changyi’s investment promotion centre.
The city has so far successfully attracted major cooperative projects, such as an offshore wind and solar power integration demonstration project with the Three Gorges Group, marking the nation’s first tripartite model combining wind, sunlight and fishing farms.
“The decision to invest in and construct new energy projects here was supported by a series of project advancement services provided by the local government.
“It allows the project to transition from large-scale construction to grid-connected power generation in just 180 days,” said Cao Jinchao, manager of the engineering management department at Three Gorges New Energy Shandong Changyi Power Generation Co Ltd. — China Daily/ANN
