Jinpu New Area courts Japanese firms

Officials representing Jinpu New Area in Dalian, Northeast China's Liaoning province, held a meeting in Tokyo on Oct 25, to seek investment from Japanese companies.

More than 200 representatives from around 100 Japanese companies in various sectors attended the meeting. 

Investment intentions worth over $100 million were signed at the event, with potential partners including Nippon Chuzo and Nidec Corporation. 

Japanese companies which have previously invested in Dalian, including Mizuho Bank and OMRON Corporation, introduced their experience in Jinpu New Area to attendees, with some of them pledging to make further investments in the area in the near future. 

A representative from Mizuho Bank said that the firm would support cooperation between Japanese companies and Jinpu New Area, and help introduce new energy automobile manufacturers to the zone.

Dalian was one of the earliest cities in China to establish economic ties with Japan, and Jinpu New Area is a key investment area for Japanese manufacturing and supporting industries in the city.

The area is currently home to 1,800 companies that receive investment from Japan, covering areas such as equipment manufacturing, petrochemicals, electronic information, automobiles and parts, biomedicine, food, and textiles.

Jinpu New Area in Dalian, Liaoning province [Photo/dda.gov]

Dalian Area of China (Liaoning) Pilot Free Trade Zone in Jinpu New Area [Photo/VCG]