60 major projects signed 24.28 billion yuan! 2023 Pinghu Watermelon Lantern Cultural Festival Opening
On September 21, 2023, the opening ceremony and investment and trade negotiation conference of Pinghu Watermelon Lantern Cultural Festival were held. Approximately 300 executives from internationally renowned investment consulting firms, representatives from Fortune Global 500 and multinational corporations, recipients of the "Friends of East Lake" medal, representatives from various economic and trade signing projects, friends from various clients, and various investment entities gathered together to seek cooperation and development.
This year's Watermelon Lantern Culture Festival has signed a total of 60 major projects with a total investment of 24.28 billion yuan. Among them, there are 2 Fortune Global 500 projects such as Shinetsu Chemical and Fosun Group, 3 projects with a total investment of over 100 million US dollars such as Salad Food Carving and Yinfeng Robotics, 9 projects with a total investment of over 1 billion RMB such as Dapu Micro, Hongxi Energy, and Haiyouwei, and 2 talent and technology projects, covering industries such as advanced equipment manufacturing, new materials, semiconductors, high-end food, biopharmaceuticals, and artificial intelligence. The contracted projects exhibit the characteristics of agglomeration of advantageous industries, upgrading and upgrading of emerging industries, and gradual optimization of science and technology innovation, cultural and tourism industries.
The annual Watermelon Lantern Culture Festival is not only a bridge for Pinghu to strengthen cooperation with domestic and foreign investors, but also a traditional festival activity with local characteristics, and a window for Pinghu to showcase to the outside world. The theme of this year's Watermelon Lantern Culture Festival is "Innovation and Progress, Brilliant Pearl", and more than 20 activities will be held in three major chapters: "Sailing to Draw a New Chapter, Banners Over the Mountains and Seas, and Autumn Moon Over the Pinghu Lake". The concentrated activities will be from September 21st to 25th. Among them, economic and trade negotiations are the highlight of the annual Watermelon Lantern Culture Festival. Whether it is investment and trade negotiations or major project commencement, completion, and production ceremonies, they not only boost development confidence, but also inject strong vitality into the city's economic development.
![60 major projects signed 24.28 billion yuan! 2023 Pinghu Watermelon Lantern Cultural Festival Opening](https://a5qu.com/upload/images/046b054e2e534d1a6612a289402f834d.jpg)
Who skillfully carves sweet melons, the clear screen sees another round of brightness. Pinghu is a famous "land of fish and rice, city of melons and lanterns, and cultural nation" in Jiangnan, known as the "Golden Pinghu". Here, there are internet famous attractions such as Sakura Town, Baseball Town, and Rowing Town, which have won heavyweight honors such as National Civilized City, 5A level Scenic Area City, and Comprehensive Tourism Demonstration City. With the advancement of such landmark projects as Huping Intercity Railway and Minghu Science and Technology Innovation Island, this small city in the south of the Yangtze River is striving to build a bright pearl of Chinese path to modernization.
Pinghu has nearly 50 Fortune Global 500 companies, forming a development pattern where traditional industries and emerging industries complement each other, while high-end manufacturing and digital services go hand in hand. Since the introduction of the first foreign investment project from Shanghai in 1986, Pinghu has accumulated nearly 1300 foreign investment projects, and has entered the "Top 10" of Zhejiang Province for 23 consecutive years by utilizing foreign investment. It has built unique industrial parks in China, Japan, and Germany, creating a new high ground for high-quality foreign investment aggregation in Zhejiang Province.
Today, Pinghu has ranked 40th among the top 100 counties in China and 17th among the top 100 counties in terms of business environment. It has won the first batch of Tiangong Ding, Shennong Ding, Dayu Ding, and Ping'an Ding in the province, with a regional GDP of 96 billion yuan.
![60 major projects signed 24.28 billion yuan! 2023 Pinghu Watermelon Lantern Cultural Festival Opening](https://a5qu.com/upload/images/cf5db771f91e0ea66f8effb3e73b90d9.jpg)
This year marks the 25th anniversary of the Investment and Trade Fair. Since 1998, Pinghu has been using melons as a medium for cultural and economic activities. The annual Watermelon Lantern Culture Festival Investment and Trade Fair is held, inviting friends and merchants from home and abroad to jointly develop, start businesses, and innovate. "National strategies such as the integration of the Yangtze River Delta, the Hongqiao International Open Hub, and the Yangtze River Economic Belt overlap and intersect here, with unprecedented development conditions and opportunities." Zhong Xudong, Secretary of the Pinghu Municipal Party Committee, delivered a speech, stating that Pinghu will be supported by more complete elements, more practical government services, and a more optimized business environment. We welcome more investors and entrepreneurs to come to Pinghu, choose Pinghu, and invest in Pinghu, and jointly write a new chapter of development.