Xiangzhou District, Zhuhai

Xiangzhou District attracted 345 million yuan ($50 million) in foreign investment during the first quarter, up 35 percent year-on-year.

Officials claimed the impressive figures are the result of favorable government policies and the district's many investment promotion activities.

Over 41 percent of Zhuhai's total foreign investment came from Xiangzhou in the first three months, via attracting new business in lithium battery production, mechanical equipment, and furniture fittings.

A particular highlight of the quarter was news that US-based Columbia Sportswear plans to settle an information service company for sales and marketing in the district.

Xiangzhou District of Zhuhai attracts foreign investment of 345 million yuan ($50 million) in the first quarter, thanks partly to its pro-business policies. [Photo / File Photo]

Introduced along with the capital were overseas Chinese experts and scholars. Doctor Yang Dong, chief engineer of Gowell International's R&D center in Houston, US, launched a project in Xiangzhou to develop intelligent controlling coiled-tube technology. Yang will lead a team researching the application of the technology.

In addition, Shenzhen invested heavily in microelectronics and education technology in Xiangzhou after learning about the district's preferential policies and business advantages.