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The district recently held its 2005 "Spring of Jinshan" meeting to introduce
Jinshan's potential for investment. Businessmen and guests from China and abroad
met in Jinshan to discuss the investment environment here and to look into the
future prospects of Jinshan.
During this meeting, investment contracts
achieved a total value of RMB3.1 billion (USD374.5 million). Of these, eight are
foreign projects valuing USD138.6 million and 10 are domestic projects valuing
RMB1.95 billion (USD235 million). There ere signing ceremonies for 18 projects,
including the distribution and transmission electrical facilities project for
hanghai Kirtun Electrical Equipment Group Co., Ltd., bringing to Jinshan total
investments of RMB800 million (USD96.7 million). Shanghai Kefeng Electric
Machinery System Co., Ltd.'s auto electric machinery project brought in total
investments of RMB150 million (USD18.1 million). Shanghai Qunli Chemical
Company's chloroaniline project, which will be based in the econd industrial
zone, saw total investments of RMB145 million (USD17.5 million). Yuanda Air
Conditioner Fuzhou Co., Ltd.'s energy mountain project, to be located near the
seashore, will bring in total investments of RMB200 million (USD24.2
illion). |
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