AGREEMENTS on 40 major industrial projects involving a total intended investment of 104.3 billion yuan (US$14.5 billion) were signed at the Shenzhen Pingshan Global Investment Promotion Conference on Monday at Yanzi Lake International Convention and Exhibition Center in Pingshan District.

The 40 projects mainly focus on new energy and intelligent connected vehicles, biomedicine, and new-generation information technology industries, Pingshan’s three dominant industries. Companies involved include listed companies, “little giant” enterprises, and firms recognized for using special and sophisticated technologies to produce novel and unique products.

Air Products’ China vice president Zhang Guoqing said at the conference that his company established an electronic gas firm in Pingshan in June. He highlighted the district’s favorable business environment, emphasizing how it has significantly boosted the company’s confidence in furthering its development in the area.

GCTL inaugurated CATL Qiji in Pingshan in October to oversee the implementation of its heavy-duty truck battery swap solution. Guo Zengliang, GCTL’s CFO, said during the conference that Pingshan has been instrumental in delivering tailored and attentive services for enterprise settlement. CATL Qiji will seize the opportunity to contribute to Pingshan’s development, Guo said.

The conference also featured the introduction of nine distinctive industrial parks, including City Investment Smart Park, Pingshan New Energy Automobile Industrial Park, and Shenzhen Hong Kong Biomedicine Industrial Park.

(Cao Zhen)