Investment promotional fair held in Jiaxing to promote exchanges and cooperation with foreign enterprises

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An investment promotional fair is held in Jiaxing, Zhejiang province, on Oct. 28 and Oct. 29. [Photo courtesy of the International Department of the CPC Central Committee]

An investment promotional fair was held in Jiaxing, Zhejiang province, on Oct. 28 and Oct. 29.

Co-hosted by the China Economic Cooperation Center (CECC) and the Jiaxing government, the event attracted more than 80 representatives from business associations and well-known enterprises in China of nearly 20 countries, including Russia, Japan, Germany, the United Kingdom, Italy, Turkey and Malaysia.

Themed "carry forward pioneering spirit, seek common development", the event aims to promote exchanges and cooperation between the Chinese and foreign enterprises in Jiaxing.

The fair demonstrated the remarkable development achievements of Jiaxing in promoting high-quality development and building a model city of common prosperity demonstration area.

Peng Yong, director of the CECC, said that it is of special significance to hold the meeting in Jiaxing, the birthplace of the Communist Party of China. And during the 14th Five-Year Plan (2021-25) period, China will accelerate the building of a new development paradigm, which will provide new opportunities for foreign companies to develop in China.

He said the center is committed to promoting exchanges and cooperation between Chinese and foreign business communities, serving local economic and social development, and boosting opening-up.

Sheng Quansheng, deputy mayor of Jiaxing, extended a warm welcome to the guests attending the meeting and introduced the economic and social development of Jiaxing, as well as the city's investment environment and key platforms and industrial parks.

He said the city is a hub of logistics, a center of innovation, an engine of growth economy and a model in commercial integrity.

On the sidelines of the meeting, participants of the meeting visited some industrial parks and enterprises in the city.

They also visited the Nanhu Revolutionary Memorial Hall in Jiaxing, where they paid their respects to the site of the 1st National Congress of the Communist Party of China, a wooden boat in Nanhu Lake, which is known as the "red boat".

The visitors said they learned a lot about the "red boat spirit", which refers to a pioneering spirit featuring firm ideals and indomitable struggle, and the spirit has inspired the CPC to grow stronger under very difficult circumstances, as well as the Party's principles and development course.

Peng Bo, deputy director of the Foreign Affairs Office of the Zhejiang provincial government, appreciated the International Department of the CPC Central Committee for the great support it gave to the event, and said that holding the fair can let the participants feel the great significance Zhejiang has attached to carrying out the Party's "red boat spirit" in the pursuit for high-quality development.

The foreign business representatives attending the meeting spoke highly of the great development achievements the Chinese people have realized under the leadership of the Party, and hoped that China would inject new impetus into world economic development as it pushes for the realization of the second centenary goal — building China into a great modern socialist country in all respects.

They said that China's accelerated construction of a new development paradigm provides important development opportunities for other countries. And foreign enterprises in China look forward to further strengthening practical cooperation with local governments and enterprises in the country.

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