DALIAN,
China, June 27, 2024 /PRNewswire/ -- A news
report from chinadaily.com.cn:
The Summer Davos Forum is more than just a meeting, it's a
gateway for Dalian to enhance its
international openness, global recognition, and participation in
international economic cooperation.
The northeastern port city of Dalian, in Liaoning province, will again take center
stage at the 2024 Summer Davos Forum, showcasing its vibrant
business environment and robust industrial support for foreign
investment.
Since partnering with the forum in 2007, Dalian has drawn significant interest from
Fortune 500 companies and new champion enterprises, bringing
numerous cooperation opportunities.
In 2013, during that year's Summer Davos Forum, Dalian introduced 100 key investment projects
across various sectors, including industrial real estate, equipment
manufacturing, fine chemicals, electronic information,
biopharmaceuticals, and new materials. The city identified and
engaged over 1,000 potential clients, successfully establishing
project-matching channels.
At the 2015 forum, Dalian
secured new clients and cooperation agreements, signing 13
investment projects in finance, advanced manufacturing, e-commerce,
elder care, and industrial real estate. In 2017, the city signed 17
foreign investment projects, boosting its industrial transformation
and upgrading.
The 2019 Summer Davos Forum saw 2,066 representatives from 101
countries and regions in Dalian,
with nearly 70 percent being foreign guests and 60 percent business
leaders. During this period, Dalian signed 16 key projects in information
technology, biopharmaceuticals, intelligent equipment, and cultural
creativity.
In recent years, Dalian has
introduced policies to broaden channels for attracting foreign
investment, improve services for foreign investors, and leverage
foreign capital more effectively. The city aims to establish itself
as a high-level open gateway hub.
Dalian is committed to
enhancing its investment environment to attract foreign capital
effectively. It ensures equal treatment for domestic and foreign
investments, pioneering the "Regulation of Dalian City on the Promotion of Foreign
Investment", a first in Northeast
China. Additional measures, such as the Three-Year Action
Plan for Deepening Cooperation with Japanese and Korean Industries,
aim to optimize the environment, expand channels, stabilize scales,
and improve the quality of utilization.
According to the Dalian Municipal Bureau of Commerce, the city
has attracted over 17,000 foreign-invested enterprises to date,
with over 5,000 currently active, accounting for more than half of
the province's total. A total of 124 Fortune Global 500 companies
have invested in 288 projects in Dalian.
Significant projects have bolstered industrial cooperation and
quality enhancement, led by companies such as SK Hynix, Goodyear,
Volkswagen, Nidec, and SKF, driving advancements in integrated
circuits, equipment manufacturing, automobiles, and components.
Japanese firms like Sompo Japan Insurance, Mizuho Bank, and Mitsubishi UFJ Financial Group
have played pivotal roles in developing regional financial
centers.
High-quality foreign investment projects landing in Dalian reflect foreign investors' recognition
of the city's business-friendly environment and its efforts to
build a high-level open gateway hub, and demonstrate the city's
success in attracting substantial foreign investment.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dalian-leverages-summer-davos-to-attract-foreign-investment-302184093.html
SOURCE chinadaily.com.cn