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Invest Across China promotional event comes to Sichuan

     chinadaily     2016-8-8 17:35:00    

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Thirty investors travelled to Sichuan in search of business opportunities as part of an Invest Across China promotional event organized by the China International Fair for Investment & Trade (CIFIT).


Led by Yang Shaojing, a senior organizer of CIFIT, the business delegation visited the Bazhong city on July 20 and Cangxi county on July 22 to investigate the business environment and pillar industries there.


Government officials from the two counties accompanied the delegation and offered insights into local economic development.


Bordering Shaanxi province and Chongqing Municipality, Bazhong is considered to be a transportation hub in northeastern Sichuan. According to the city’s deputy mayor, Tu Hong, authorities in Bazhong prioritize the development of the bio medicine, food and beverage, new energy, and new material industries. The tourism and recreational industry and modern agriculture are two areas that are also expected to grow significantly, thanks to the unspoiled natural environment found there.


Bazhong mayor He Ping introduced the supportive policies from the central and provincial governments to attract investment in the areas of financial aid and land supply.


Cangxi county is known for its rich natural gas deposits and a portion of its revenue is derived from the production of kiwi fruits. Sichuan Huapu Modern Agriculture Co, which floated on the National Equities Exchange and Quotations system in July, recently constructed a 500-hectare kiwi plantation there to strengthen the kiwi industry.


Cangxi’s advantages in human resources and transportation infrastructure attracted 10 eyeglass companies from Wenzhou in Zhejiang and Shenzhen in Guangdong to set up production bases at the industrial park.


During the visit to Cangxi county, the delegation paid particular attention to the government’s offer to partner with investors from the private sector to develop utility projects there.


After extensive field visits and constructive dialogues with local businesses and government officials, investors reached preliminary agreements for cooperation with local businesses and public institutions in areas of bio-medicine, agriculture, new energy and tourism.





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