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Investors lavish 50 billion yuan in Liangjiang New Area

Updated: 2017-11-14

, chinadaily.com.cn

Chongqing's Liangjiang New Area held three conferences from Nov 1 to 2 to attract investment for key projects.

Altogether 73 deals were signed with a total investment of 49.7 billion yuan ($7.46 billion) toward manufacturing, high-tech industries and modern services.

Chen Kai, general manager of the Chongqing subsidiary of Shengang Securities – one of the companies planning to cooperate with Liangjiang New Area, said that the area has great potential for future development.

"Located at the junction of the Belt and Road and the Yangtze River Economic Belt, Chongqing enjoys a favorable location and convenient transportation," said Chen.

Liangjiang will offer better services and favorable policies to the investing companies to accelerate cooperation between the area and investors, according to an official of the management committee of Liangjiang New Area.

Investors lavish 50 billion yuan in Liangjiang New Area

The signing ceremony for the manufacturing industry is held in Liangjiang New Area, Chongqing. [Photo by Li Wenke/cqnews.net]

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