Zhengzhou Eyes Greater Development with Spate of Signed Deals

Deals for 37 projects are signed during a Yangtze River Delta regional cooperation meeting at the Shanghai Hongqiao State Guest House in Shanghai on July 20, 2020. [Photo provided to chinadaily.com.cn]

Deals for 37 projects with a total investment of 106.8 billion yuan were signed during a Yangtze River Delta regional cooperation meeting at the Shanghai Hongqiao State Guest House on Monday.

Organized by the Zhengzhou Municipal People's Government, the signing ceremony was aimed at attracting investment in Zhengzhou, Henan province, promoting its advantages and opportunities in Shanghai and facilitating its integration with the Yangtze River Delta.

"Zhengzhou is an inland geographical hub that is connected with the Yangtze River Delta and Shanghai. It is strategic and realistic for Zhengzhou to expand opening-up and accelerate its development," said Wang Xinwei, vice governor of Henan province and mayor of Zhengzhou.

The 37 deals include 20 advanced manufacturing projects, four scientific and technological research and development projects, five headquarters economy projects, five modern commerce projects, and three related to modern logistics.

An aerial photo shows a nighttime view of Zhengzhou city, Henan province. [Photo provided to chinadaily.com.cn]

Among these projects, five are from the world's top 500, including the Fosun central innovation business zone in Zhengdong New District, the Dunpu Zhengzhou Huazhong intelligent logistics park project and the Suning smart retail settlement project in Huiji District.

"Zhengzhou has a good chance of becoming a first-class city in the nation and even in the world in the future. Fosun hopes to use its global resources to introduce more good products to Zhengzhou and promote the rapid development of different industries in the fields of health, happiness and prosperity," said Guo Guangchang, Fosun International Executive Director and Chairman.

As the provincial capital of Henan province, Zhengzhou serves as the political, economic, technological and educational center of the province. It is also a major transportation hub in Central China.