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Wuhan attracts private investment of 226 bln yuan

Source: hubei.gov.cn 06/13/2018 04:06:14

On June 6, Wuhan held an investment conference for private enterprises which witnessed 47 projects being signed and attracting a total investment of 226.005 billion yuan.

On June 6, Wuhan held an investment conference for private enterprises which witnessed 47 projects being signed and attracting a total investment of 226.005 billion yuan. It was reported as the most fruitful investment activity this year.

26 projects out of the 47 projects, relating to high technology and industry, account for more than a half of the total investment. 21 projects are involved in service sector, ranging from network information, internet application, health care, trade to commerce.

The major projects, like the general aviation strategies for China Aero Supply Aviation Equipment (Tianjin) Co.,Ltd and Wuhan Aviclub Aviation Co.,Ltd as well as the second headquarter project for Liaoning Censcience Industry Co.,Ltd in Xinzhou District, shined at the conference.

In addition, Wuhan also successfully brought in investment from a batch of high-tech enterprises and leading innovative enterprises, including the 20-billion-yuan China’s innovation center and transformation of high-tech achievements base in Wuhan and the 5-billion-yuan fund project of Chinese Academy of Sciences.

As introduced, Wuhan’s new private business yielded rich results since 2017, which marked 56 projects signed with China’s top 500 private enterprises, with a paid-in capital of 433.88 billion yuan. (en.hubei.gov.cn)