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Forty Projects Worth 17.7 Bln CNY Inked in Ningxiang

Updated: 2020-06-24

Ningxiang City held an investment promotion meeting for its major projects in the second quarter on June 22 morning. A signing ceremony was also held simultaneously. Forty projects were contracted, including 4 projects of the Top 500 Companies including China Minmetals Corporation and CCCC First Highway Engineering Group, and 6 projects of listed companies such as CP Group and Tingyi (Cayman Islands) Holding Corporation, with a total investment of 17.704 billion CNY.

Among the signed projects, there were 5 projects each with an investment of over 1 billion CNY. Ningxiang also launched 15 cultural industry projects on site, including the Ningxiang Cultural and Creative Center, Internet Celebrity Live Streaming Industry Street, Zhenglong Ancient Street Cultural and Creative Center, and E-sports Town.

Since this year, Ningxiang has introduced 108 new industrial projects with a total investment of 30.844 billion CNY. Among them, there are 59 industry projects with a contract value of 16.413 billion CNY, 11 cultural tourism projects, 21 rural revitalization projects, and 17 commercial and real estate projects.

Translator: Kuang Zhenzhen

Chinese source: hunan.gov.cn