An unveiling ceremony for the Binhu (Shanghai) Center is held. [Photo/WeChat account: wxbhfb]

A signing ceremony for eight projects worth a combined 11 billion yuan ($1.65 billion) was held in Binhu district, Wuxi, East China's Jiangsu province on May 19.

Among the projects is a fund established by Binhu district's government, China Energy Capital Holdings Co, and BOCOM International Holdings Co. The fund will be used to help improve China's energy consumption structure and promote green technology innovation.

During the ceremony, Wuxi Binhu State-owned Capital Investment Co signed agreements with Overseas Chinese Town Holdings Co and Greenland Holdings Co to build and purchase about 850 apartments for high-level talents.

The Binhu (Shanghai) Center was also unveiled during the event. Located at the Hongqiao business district in Shanghai, the 19,600-square-meter center will introduce high-quality industries, talents and financial services in Shanghai to Binhu.