Qinzhou Port area strengthens overseas investment attraction

The Yangtze River Delta Enterprise Service Office of the Qinzhou Port area of the China (Guangxi) Pilot Free Trade Zone (FTZ) has strengthened its overseas investment attraction efforts.

It has highlighted the area's five major industrial chains of green petrochemicals, equipment manufacturing, new energy and new materials, electronic information, as well as biomedicine.

In the first quarter of the year, the Qinzhou Port area of the Guangxi FTZ focused on visiting and going on inspection tours in the Yangtze River Delta region, discussing and negotiating more than 20 major projects, spanning special valve production, new energy methanol hydrogen production, as well as aerospace hydrogen fuel cells.

It has detailed the advantages brought by the New International Land-Sea Trade Corridor, the Guangxi FTZ, the Beibu Gulf Economic Zone, as well as the China-Malaysia Twin Parks, which refers to China and Malaysia's construction of the China-Malaysia Qinzhou Industrial Park (CMQIP) and the Malaysia-China Kuantan Industrial Park (MCKIP), to intensify efforts to attract foreign investment.

The Qinzhou Port area of the Guangxi FTZ is also focusing on its future development, aiming to attract investment for strategic emerging industries and leading enterprises that can drive the industrial chain. It is using multi-channel resources, such as promotion conferences and business associations, to obtain project information in a timely manner, as well as to connect with industry leading enterprises like Alibaba, Baidu, and AstraZeneca.

In the first quarter of the year, Qinzhou introduced the Shanghai Greatpower new energy battery material integration project, which has a 10.4 billion yuan ($1.54 billion) investment and is the first project in the Qinzhou Port area of the Guangxi FTZ with a more than 10 billion yuan investment this year.

The Qinzhou Port area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]