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An aerial view of Shaoxing, Zhejiang province. [Photo/Tide News]

At the beginning of this year, Shaoxing unveiled its investment promotion action plan, aiming to attract 10 projects worth over c each and 100 projects worth over 1 billion yuan ($138 millon) each throughout the year.

From January to April, Shaoxing successfully attracted 44 projects worth over 1 billion yuan each, completing 44 percent of its annual target. Additionally, six projects worth over 10 billion yuan each were secured, accounting for 60 percent of the annual target.

Notably, the number of projects attracted not only showed a substantial year-on-year increase but also exceeded expectations in terms of timing.

To ensure the fulfillment of its annual goals, Shaoxing dispatched 72 key personnel from municipal and district levels to serve as investment promotion officers. Their mission is to attract high-quality large-scale projects with promising prospects and significant industrial impact.

The city will leverage its diverse investment promotion resources, exploring various approaches such as fund-based investment promotion, commissioned investment promotion, and engaging local talent to facilitate efficient project implementation and production commencement.