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Investments help expand industrial cluster

Updated : 2022-09-21 (chinadaily.com.cn)

The China (Zhejiang) Pilot Free Trade Zone in East China's Zhejiang province has since last year been making efforts to attract investment to industries related to new materials, clean energy, modern ships, marine life, and marine electronic information.

In January, 15 key projects in Zhoushan started construction and five key projects with a total investment of 35.8 billion yuan ($5.1 billion) were signed.

In June, the construction of eight key projects started. In July, industrial projects with a total investment of over 10 billion yuan were signed in Dinghai district. In August, five key projects were set up in Daishan county. In September, the High-Tech Industrial Zone introduced 10 key projects.

Authorities said the introduction and construction of projects has advanced the high-quality development of the Zhoushan area in the zone.