WHDZ holds the Guangdong-Hong Kong-Macao Greater Bay Area special investment promotion in Shenzhen on July 1. [Photo//WHDZ Convergence Media Center]
The Wuhan Economic & Technological Development Zone (WHDZ) – based in Wuhan city in Central China's Hubei province – successfully hosted an investment promotion event in Shenzhen, South China’s Guangdong province on July 1, according to a WHDZ Convergence Media Center report.
The event marked Wuhan’s first large-scale investment promotion activity held outside the city since the COVID-19 pandemic outbreak.
A total of 13 projects with a total investment of 89 billion yuan ($12.59 billion) were signed during the event, covering areas including next-generation automobiles, the automotive aftermarket, artificial intelligence, R&D of science and technology, the headquarters economy, the services industry and modern agriculture.
In recent years, WHDZ has promoted industrial transformation and upgrading and vigorously moved to attract investment.
In the past three years, the development zone has signed 252 major projects worth more than 100 million yuan each. The total investment of these was 682.1 billion yuan, officials said.
Among them are 49 projects funded by Fortune Global 500 companies and 33 funded by SOEs directly managed by the central government.
