Attracting investment is an important engine for promoting high-quality economic development. In 2023, China Wuqing Development Area introduced a total of 235 projects with an actual investment of 7.83 billion yuan ($1.09 billion).
Wuqing district
Over the past year, Wuqing focused on investment promotion in three leading industrial chains of intelligent technology, biopharmaceuticals, and modern services. Among the 235 projects introduced, 159 were related to leading industries, accounting for 74%.
In addition, Wuqing district also focused on accelerating the construction of its international consumption center to introduce more projects.
In 2023, Florentia Village achieved record-high revenue, with sales volume reaching 4.13 billion yuan, an 81.94% year-on-year increase; V1 Auto World located in Wuqing hosted 100 automotive events throughout the year, including races, exhibitions, integrated online and offline marketing, as well as new car and technology launch events, leading to sustained popularity.
This year, the China Wuqing Development Area is expected to conduct more investment promotion events and seize the opportunities of the coordinated development in the Beijing-Tianjin-Hebei region to boost the local economic development.