Technology Apr 09

Tianjin oversees cloud-based  signing of investment projects

Online business deals necessitated by coronavirus travel restrictions

by Nadeem Xu
Tianjin oversees online signing of major investment projects
Tianjin sees $1.29bn of deals signed in the cloud. 

(ATF) – A total of 116 major investment projects were signed online in a cloud contract signing event Wednesday in north China's Tianjin Municipality.

The high-tech signing was arranged amid coronavirus-linked travel and contact restrictions that are limiting international business gatherings.

The projects drew a combined investment of about 90.4 billion yuan ($1.29bn). More than 100 entrepreneurs from China and abroad joined in online discussions during the event. 

The projects involved a variety of fields, including high-end equipment, biomedicine, financial services and education, according to a report by Xinhua.

“The business environment in Tianjin is quite good, and the government has rolled out a series of preferential policies,” Zhuo Da, general manager of a Tianjin company was quoted as saying. “This gives companies confidence to invest, take root and develop in Tianjin.”

ATF China Bond 50 Links:

·      The People's Government of Tianjin 160680.IB

·      Tianjin Metro Group Co.,Ltd 101900044.IB