Major projects to begin work in Kunshan, Lanzhou

Construction on major projects with investments totaling 148.8 billion yuan ($21.2 billion) was agreed to in Kunshan, East China's Jiangsu province, on Thursday.

Among them, 47 major projects with investments of 61.7 billion yuan were signed, while 78 projects with investments of 87.1 billion yuan will start construction before late June.

Among newly signed projects, 29 with investments of $5.5 billion were foreign-invested and focused on intelligent manufacturing, new energy and electronic information.

Kunshan, a county-level city of Suzhou, had its GDP hit 400 billion yuan in 2019, a year-on-year increase of 6.8 percent.

Lanzhou, capital of Northwest China's Gansu province, also signed four projects with investments of 56 billion yuan on Thursday. The projects mainly cover real estate, digital economy and livestock breeding and processing.

Leaders of the city, including Party Secretary Li Rongcan, attended the signing ceremony via the internet. To contain the coronavirus outbreak, the ceremony was held online without the two parties meeting.