As a leading hub of scientific and technological innovation, Beijing will continue to be an appealing destination for foreign investment, actively attracting sci-tech innovation projects and talents and continuously striving to enhance its business environment.
Executives from foreign-funded companies, investors, and government officials made the remarks at the 2023 Invest Beijing Global Summit, a sideline event of the 2023 Zhongguancun Forum held from May 25 to 30 in the city’s innovation hub of Zhongguancun, known as “China’s Silicon Valley.”
During the summit, domestic and foreign companies signed a batch of investment deals worth a cumulative value of over 60.8 billion yuan ($8.61 billion), covering 39 projects in the city’s high-tech sectors such as intelligent connected vehicles, medicine and health, and intelligent manufacturing.
A total of 152 investment projects involving enterprise financing, park cooperation, building cooperation, and land financing were also announced during the summit, with a total investment of 143.4 billion yuan.
Source: China Daily
