(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