Investment Opportunities in Changzhou City for Global Investors

Web DeskSeptember 29, 2024 11:52 PMbusiness
  • Changzhou unveils investment opportunities in new productive forces.
  • City ranks first in investment attractiveness for three consecutive years.
  • Foreign capital investment totals over 10.59 billion US dollars since 2020.
Investment Opportunities in Changzhou City for Global InvestorsImage Credits: en_prnasisa
Changzhou City unveils diverse investment opportunities, attracting global investors with innovative sectors and significant foreign capital.

Changzhou City, located in the eastern part of China’s Jiangsu Province, is making waves in the global investment landscape. Recently, at the 2024 New Energy Industry Development Conference & Invest in Changzhou Conference, the city unveiled a range of exciting investment opportunities aimed at attracting international investors. This event, held on September 19, showcased Changzhou's commitment to becoming a leading hub for new productive forces.

The investment opportunities presented cover nine key areas, including synthetic biology, low-altitude economy, intelligent connected new energy vehicles, solid-state batteries, hydrogen energy, third-generation semiconductors, and artificial intelligence. These sectors reflect Changzhou's confidence in its ability to foster innovation and development, positioning itself as a forward-thinking city ready to embrace the future.

Changzhou is strategically located at the heart of the Yangtze River Delta, which has become a vital area for advanced manufacturing in China. Over the past few years, the city has made significant strides in developing its new energy industry and enhancing the quality of its productive forces. As a result, the added value of its industrial sector has soared to over two trillion yuan, with manufacturing contributing approximately 43 percent of this value. This impressive performance places Changzhou among the top three cities in Jiangsu Province.

According to the Hurun China New Energy Cities 2024 report, Changzhou has ranked first for three consecutive years in terms of investment attractiveness and concentration. This accolade highlights the city’s appeal to foreign investors, who have contributed a staggering total of 10.59 billion US dollars (nearly 74.25 billion yuan) in actual foreign capital since 2020. Notable projects, such as the soft magnetism initiative by ArcelorMittal and a medical device venture by BIOS, a Hong Kong-based company, were launched during the conference, further solidifying Changzhou's reputation as a prime investment destination.

In a bid to enhance its international appeal, Changzhou also introduced a multilingual guide for foreign nationals at the conference. This guide includes essential information on services related to stay and residence, work, and convenient payment options. Such initiatives are crucial in transforming Changzhou into a more open and welcoming city for global investors.

Changzhou City is not just a place on the map; it is a burgeoning center of innovation and investment. With its strategic location, robust industrial growth, and commitment to fostering new technologies, the city is poised to attract even more global investors in the coming years. For anyone looking to invest in the future of technology and manufacturing, Changzhou presents a compelling opportunity that should not be overlooked.

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