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The bureau of commerce of the city of Ruzhou, Henan province, announced on October 21 that investment attraction in Ruzhou maintained rapid growth and achieved stable and sound development in the first eight months of the year.
From January to August, Ruzhou attracted 94 investment projects with a total investment of 27.2 billion yuan ($4.5 billion).
In 2013, Ruzhou made attracting investments a priority, creating an important measure in the city's move to maintain economic growth and transform its economic model. In order to welcome investment projects, major officials led delegations to the coastal provinces of China, including Fujian, Guangdong and Zhejiang, to promote Ruzhou and attract investment.
In the meantime, officials in the city also invited enterprise executives and industry experts to Ruzhou for on-site visits to give them a better understanding of Ruzhou.
Ruzhou Yurun Logistics Center of Agricultural By-Products financed by Yurun Group, the Ru Porcelain Culture Park financed by KDE International Investment Group, and other newly-added investment projects are currently under construction.
Over the eight months, the city made greater efforts to improve its infrastructure, including upgrading its water, electricity and gas supply networks. It also upgraded roads, greenery construction and other supporting facilities.
A joint meeting mechanism was also initiated to better serve enterprises in their construction and business operations.
By Huang Pei
Edited by Michael Thai
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