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Ruzhou, a city in midwestern Henan province, is making greater efforts to attract investment to fuel its economic development.
In the first six months of the year, it attracted 88 investment projects from home and aboard. Total investment has reached 667,000 yuan ($109,000), 55.6 percent of the entire year's goal.
In 2013, Ruzhou made attracting investments a priority, creating an important measure in the city's move to maintain economic growth and transform its economic model. In April this year, major officials led delegations to the coastal provinces of China, including Fujian, Guangdong and Zhejiang, to promote Ruzhou and attract investment. Contracts for six projects were signed, with investment totaling 11 billion yuan ($7.17 billion).
By the end of June, the Ruzhou Yurun Logistics Center of Agricultural By-Products financed by Yurun Group Co, the Ru Porcelain Culture Park financed by KDE International Investment Group, and other newly-added investment projects were under construction.
By Huang Pei
Edited by Michael Thai
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