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Anhui: Hot Pick for Investors

Pub Date: 13-05-13 11:11 Source: www.cnanhui.org

Renowned private firms from across China agreed to invest up to 348.5 billion yuan ($57.1 billion) into 228 projects offered by local government and firms in Anhui province at a meeting.

Held in Lu'an, a prefecture-level city in the north of the province, from May 9 to 12, the meeting was the provincial government's latest bid to woo private entrepreneurs from out of the province.

The year of 2013 began with the government declaring its resolve and unveiling a series of guidelines to boost private economy.

In response, 16 cities throughout the province presented 1,130 projects worth 2 trillion yuan for individual investors.

A slew of marketing campaigns for those projects have been launched in Beijing, Shanghai and Zhejiang province since March.

At the recently-concluded meeting, well-known private firms from all over the nation inked 228 contracts with local project offers, agreeing to pour 348.5 billion yuan into the province.

The event, organized jointly by the China Glory Society, the All-China Federation of Industry and Commerce as well as the provincial government of Anhui, was also seen as part of national organizations and local authorities' efforts to help the Dabie Mountain region, with Lu'an as its center.

Contracts were signed on 998 out of the 1,130 projects costing 664.4 billion yuan from January to early May, according to statistics announced at the meeting.


(By Zheng Weiling)

Editor: Rita

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