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International friendship cities pump large investment to Wuhan
source: hubei.gov.cn     2017-11-16

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On November 15, the 3rd Investment Promotion Conference for Fortune Global 500 and World-Renowned Foreign Companies · International Friendship City Forum was held in Wuhan, capital city of central China’s Hubei Province.

27 projects relating to auto parts, biomedicine, high-end health care, e-business, internet of things, new energy vehicle, culture and education, were signed at the conference, worth 101.8 billion yuan (about 15.33 billion U.S. dollars). Among all, there are 14 foreign-invested projects (worth 21.23 billion yuan, about 3.197 U.S.dollars), eight sino-foreign coorperative projects (worth 8.015 billion yuan, about 1.207 billion U.S.dollars), and five overseas investment projects (worth 72.603 billion yuan, about 10.934 billion U.S.dollars).

As introduced, the 14 foreign-invested projects mark Wuhan's largest number of their kind in the activities of attracting investment this year. A batch of world-renowned companies like the leading global automotive supplier Inteva Products, LLC, Singapore listed-company CapitaLand and the multinational company Kerry Group are all ready to accelerate their development in Wuhan.

(hubei.gov.cn by Ruan Xinqi) 
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