Harbin- 154 new investment projects were signed and implemented in the first nine months of this year, an increase of 21 year-on-year

On October 23rd, during a press conference in Harbin focused on “Promoting High-Quality Development,” officials announced that from January to September 2024, the city signed a total of 154 new investment projects, an increase of 21 compared to the previous year.

As explained by city representatives, Harbin has been actively working to attract high-quality investment by optimizing its business environment and providing efficient services to support investment efforts.

Highlighting specific sectors, in the aerospace industry, construction of a major unmanned aerial vehicle project with a total investment of 2.5 billion yuan is nearing completion. Additionally, a satellite project by Harbin Institute of Technology is currently under development, while significant progress is being made on the Dong’an Civil Aircraft project.

In the equipment manufacturing sector, the signing of a high-end equipment project with Qinshi Group has been finalized, alongside the rollout of mass production for YF Automotive’s vehicles and the establishment of a new energy hybrid engine project with an annual capacity of 200,000 units.

Regarding the electronic information industry, the China Mobile WanKa Intelligent Computing Center has been completed with an investment of 4.34 billion yuan, enabling substantial computing power for artificial intelligence entities. Furthermore, the second phase of the KYY Semiconductor Silicon Carbide Industrial Park is progressing well, and the construction of a smart robotics hub has commenced, with some technology transfer enterprises from Harbin Institute of Technology and Harbin Engineering University already signing agreements to set up operations.

In the biomedical sector, a new type of animal vaccine that fills a domestic gap has officially started production, while the China National Pharmaceutical Group’s traditional Chinese medicine industrial park is undergoing equipment testing. Additionally, the second phase of the Sanlian Pharmaceutical’s large-volume infusion project has completed trial production, and the Oriental Gene R&D production base is now operational.

The new materials industry has also seen advancements, with the advanced composite materials industrialization base of the Fiberglass Research Institute accelerating construction and Tongchuang Purun achieving mass production of aluminum electronic materials.

Harbin’s government is strategically planning to enhance its industrial recruitment, implementing six key growth plans in industries like aerospace, electronic information, high-end equipment, and biomedicine. The city has compiled a list of seven categories of investment opportunities, which includes key projects and available standard factories. Additionally, efforts to strengthen industry chain recruitment have led to six companies signing intent agreements in power station equipment, and active promotion in the automotive parts sector is underway.

Moreover, significant results have been seen at the Yabuli Forum, where 43 projects were signed, 29 of which have transitioned to formal contracts. At the Harbin Economic & Trade Fair, 11 projects were signed with five officially recorded.

To ensure that these investment initiatives are effectively implemented, the city has reinforced its project landing service system. Using a “leadership accountability + special task force + chief service officer” approach, Harbin provides comprehensive personalized support to address any questions or needs from businesses. This coordinated effort focuses on resolving issues such as land acquisition, workforce needs, financing, and creating a conducive environment for business growth.

Deng Tianjing, a member of the Harbin Enterprises and Investment Services Bureau, emphasized the city’s commitment to prioritizing investment attraction. He noted that Harbin will enhance integration of projects and provide full lifecycle services, focusing on key stages like signing, registration, and groundbreaking. With a commitment to ensuring that investment yields returns for businesses and generates benefits for employees, the government aims to foster a sustainable and high-quality development path moving forward.