Anyang attracts investment and talent from YRD region

Anyang in Central China's Henan province held a promotional event in Shanghai on Tuesday to attract investment and talent from the Yangtze River Delta (YRD) region and boost high-quality development.

During the event, 20 projects related to sectors like new energy, high-end equipment manufacturing, steel processing, medical device and cultural tourism worth about 15.65 billion yuan ($2.19 billion) were signed.

Located in the northern part of Henan province, Anyang boasts a long history of over 3,300 years and was the ancient capital of China for more than 500 years. The city, which is renowned for its rich historical and cultural heritage, is home to the Yin Ruins, which is a UNESCO World Heritage Site.

Anyang has in recent years been taking steps to drive high-quality growth. Efforts include improving its business environment, developing emerging industries, promoting innovation, as well as enhancing its transportation system. Song Wei, Anyang's vice mayor, pointed out that bonuses, grants and subsidies will be provided to companies and talent that choose to settle down in the city.

The YRD region is one of the most economically dynamic, open and innovative regions in China, said Gao Yong, mayor of Anyang.

Gao pointed out that both regions have great cooperation potential as their industries are highly complementary.