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Wenzhou Honored One of China’s Most Favored Cities for International Investment
【Fonts: Large Medium Small 【Source: Wenzhou·China 【Date: 2018.01.04】

Themed on “New Opportunity, New Development”, the 2017 Financial and Economic Summit of WWW.HUANQIU.COM was recently held in Beijing. As an important event of the Summit, the list of “2017 Most Favored Citiesfor International Investmentin China” was officially released, with Wenzhou being included, along with Guangzhou, Guiyang, Qingdao, and Xi’an.

It is understood that economists of international influence and renowned experts have been invited to attend the Summit to discuss the opportunity and development of Chinese businesses in the New Era. The list of “2017 Most Favored Cities for International Investment in China” released at the Summit is the outcome of joint evaluation by authoritative bodies of third-party data evaluation agencies from home and abroad based on the data of various sources including the global media monitoring data provided by of the Dow Jones Group, the most authoritative third-party database company in the world, the overseas network monitoring data of PR Newswire and the global mainstream media monitoring data of Fanews Science and Technology Co. Ltd.

“Based on the information above mentioned, the selection was also made on the results of the questionnaires and telephone or door-to-door survey given by the investigation center of Global Times newspaper to some 15,000 overseas investors in 17 countries around the world. That is to say, the outcome of the selection is strongly supported by data and survey results,” said XieRongbin, Deputy Editor-in-Chief of Global Times newspaper, a mainstream media outlet in China. He also expressed his deep impression of the change and development of Wenzhou. “Not only is the work efficiency better, but also the business environment is better. The settlement of many good and large projects in the city have close relation with these factors,” he added.

According to statistics, as of November 2017, the City has attracted 65.18 billion yuanin paid-in investment, fulfilling the task set out by the provincial and municipal governments one month earlier. The planned investment of 465 newly-introduced projects amounts to 84.9 billion yuan. There are 66 newly-started industrial projects with investment exceeding 100 million yuan each including 7 projects with the total investment over 1 billion yuan each, 3 projects with the total investment over 500 million yuan and 10 projects with the total investment over 300 million yuan. 16 projects invested by global top 500 firms, China top 500 companies, China’s top 500 private enterprises, central enterprises, and state-owned enterprises were newly introduced to Wenzhou. A number of major projects including the Jinmao Town in Oujiang Estuary New District of Wenzhou, the Xingji (Star Trail) Science Fiction Valley in Pingyang County and ZEDEV New Energy Vehicle Plant have been settled. More than 20 major projects invested by returned Wenzhouese business people including the metal composite materials industrialization project of Wenzhou Oukun Science and Technology Co., Ltd. and the DendrobiumOfficinaleIndustrial Park in Da Jing Township.

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