Jinpu signs dozens of new projects worth $1.83 billion

On June 20, Jinpu New Area achieved a significant milestone by signing 29 major projects with a total investment of 13.31 billion yuan ($ 1.83 billion). This marks a substantial increase in both the scale and quality of investments compared to the first quarter of this year.

The newly signed projects cover a wide range of industries, including new chemical materials, fast-moving consumer goods, advanced equipment manufacturing, automotive, green environmental protection, industrial finance, cultural tourism, and supply chain services.

Emerging industries represent 17 percent of these projects, reflecting Jinpu's strategic move to diversify and strengthen its industrial structure. Additionally, 21 percent of these projects focus on industrial finance and supply chain services, promoting deeper integration between advanced manufacturing and modern service industries.

In the chemical sector, key projects like Yisheng Dahua Petrochemical Co Ltd's energy-saving and carbon-reduction technology upgrades for PTA production equipment, along with the Duolian Xianduan Company’s trade center, are expected to advance Jinpu’s chemical industry toward more sustainable and advanced practices.

The equipment manufacturing sector will benefit from such innovations as Iris Ohyama's commercial cleaning robots and JTEKT Corporation's high-end elastic bearings, which are anticipated to boost technological advancements and elevate Jinpu's industrial capabilities.

Financial projects, including China Construction Bank Dalian Branch's financial leasing and Juneyao Airlines' aircraft bonded financial leasing, aim to enhance Jinpu's financial ecosystem, providing stronger support for regional economic activities and building a more robust financial infrastructure.

In cultural tourism, developments such as the Dalian Jianhua Group's international cultural and tourism complex and Dalian Lefang cultural and tourism complex are set to significantly boost Jinpu's cultural tourism sector. These projects are expected to increase local consumer spending and drive overall economic growth.

This signing event is part of a series of investment promotion activities leading up to the 2024 Dalian Summer Davos Forum. By leveraging the opportunities presented by the forum, Jinpu aims to enhance high-level economic and trade cooperation, attract additional industrial investments, and establish itself as a key hub for global economic engagement and openness.