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National Development and Reform Commission: Launching a New Batch of Major Foreign Investment Projects Including Electronic Manufacturing, Chemical Engineering, and Automobiles
National Development and Reform Commission Launches a New Batch of Major Foreign Investment Projects
On the 18th, the National Development and Reform Commission announced that it has recently introduced a new batch of 13 landmark major foreign investment projects, with a planned investment of $13.4 billion.
It is reported that the newly selected projects mainly focus on manufacturing, including electronics manufacturing, chemicals, automobiles, electrical machinery, and more, promoting the accelerated development of industrial clusters. At the same time, support for the service industry has been increased, with logistics projects included in the list for the first time, and continued support for R&D centers in fields such as biomedicine, to promote deep integration of modern services and advanced manufacturing.
As of now, landmark major foreign investment projects have accumulated a total investment of $108 billion, demonstrating a significant demonstration and driving effect.