Dalian leverages Summer Davos to attract foreign investment

DALIAN, China, June 27, 2024 /PRNewswire/ -- A news report from chinadaily.com.cn:

The Summer Davos Forum is more than just a meeting, it's a gateway for Dalian to enhance its international openness, global recognition, and participation in international economic cooperation.

The northeastern port city of Dalian, in Liaoning province, will again take center stage at the 2024 Summer Davos Forum, showcasing its vibrant business environment and robust industrial support for foreign investment.

Since partnering with the forum in 2007, Dalian has drawn significant interest from Fortune 500 companies and new champion enterprises, bringing numerous cooperation opportunities.

In 2013, during that year's Summer Davos Forum, Dalian introduced 100 key investment projects across various sectors, including industrial real estate, equipment manufacturing, fine chemicals, electronic information, biopharmaceuticals, and new materials. The city identified and engaged over 1,000 potential clients, successfully establishing project-matching channels.

At the 2015 forum, Dalian secured new clients and cooperation agreements, signing 13 investment projects in finance, advanced manufacturing, e-commerce, elder care, and industrial real estate. In 2017, the city signed 17 foreign investment projects, boosting its industrial transformation and upgrading.

The 2019 Summer Davos Forum saw 2,066 representatives from 101 countries and regions in Dalian, with nearly 70 percent being foreign guests and 60 percent business leaders. During this period, Dalian signed 16 key projects in information technology, biopharmaceuticals, intelligent equipment, and cultural creativity.

In recent years, Dalian has introduced policies to broaden channels for attracting foreign investment, improve services for foreign investors, and leverage foreign capital more effectively. The city aims to establish itself as a high-level open gateway hub.

Dalian is committed to enhancing its investment environment to attract foreign capital effectively. It ensures equal treatment for domestic and foreign investments, pioneering the "Regulation of Dalian City on the Promotion of Foreign Investment", a first in Northeast China. Additional measures, such as the Three-Year Action Plan for Deepening Cooperation with Japanese and Korean Industries, aim to optimize the environment, expand channels, stabilize scales, and improve the quality of utilization.

According to the Dalian Municipal Bureau of Commerce, the city has attracted over 17,000 foreign-invested enterprises to date, with over 5,000 currently active, accounting for more than half of the province's total. A total of 124 Fortune Global 500 companies have invested in 288 projects in Dalian.

Significant projects have bolstered industrial cooperation and quality enhancement, led by companies such as SK Hynix, Goodyear, Volkswagen, Nidec, and SKF, driving advancements in integrated circuits, equipment manufacturing, automobiles, and components. Japanese firms like Sompo Japan Insurance, Mizuho Bank, and Mitsubishi UFJ Financial Group have played pivotal roles in developing regional financial centers.

High-quality foreign investment projects landing in Dalian reflect foreign investors' recognition of the city's business-friendly environment and its efforts to build a high-level open gateway hub, and demonstrate the city's success in attracting substantial foreign investment.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Dalian leverages Summer Davos to attract foreign investment

HONG KONG, June 29, 2024 /PRNewswire/ -- This is a report from Xinhuanet:

On June 29, "'See the Spectacular and Kaleidoscopic China'—Victoria Park Celebrate the Return of Hong Kong" opens in Victoria Park, Hong Kong, and Deyang, catching the audience's attention with its unique charm. In the exhibition, people immerse in the whole archaeological research process via Sanxingdui VR interactive cabin, buy the lovely Sanxingdui cultural and creative products, see the ingenious skills of intangible cultural heritage, queue up in front of various speciality food stalls...... They fully enjoy themselves in Deyang's beautiful cityscape and the mysterious Sanxingdui culture.

Sanxingdui becomes the most popular in Deyang's exhibition. In Sanxingdui VR interactive cabin, the audience "walk" into the exact Sanxingdui archaeological site, and close contact with the new archaeological technologies used on site. They can also scan the QR code of Sanxingdui Museum, appreciate the over 2-metre bronze statue, the bronze mask with protruding eyes and big ears, and the mask with a gold content of about 85%. They feel like travelling back, as the life of ancient Shu people slowly unfolds in front of their eyes.

Also, more than 40 cultural and creative products from Sanxingdui Museum appear in the exhibition: "Chuan Shu Xiaodui" blind box, "Long Hu Zun" tea set, bronze bird plush toy, bronze standing man...... They are all popular among the audience.

Mianzhu New Year's painting, Deyang Chaozhou-style round fan, Luojiang soybean meat, eight delicacies oily cake, Changlin century egg...... The local specialities, old brands, intangible cultural heritage skills and distinctive food have attracted many audience to stop to watch, try and buy. The exhibition also highlights Deyang's other urban cultural landmarks such as China Dried Noodle Village, China Mianzhu New Year's painting Village, Sanxingdui and Long Men Zhi Dian International Tourism Resort.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Enchanting Deyang Shines in Hong Kong