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It also spent four years redeveloping one of its traditional products, a syrupy compound of ejiao, with tens of millions of yuan in investments. Grabbing opportunities brought by the Internet Plus strategy has been a main focus of Dong'e Ejiao these years to expand its marketing channels. The company has established partnerships with many online retail giants such as Tmall and JD. Yao Hongtao, a senior engineer who has worked at a high-tech firm in California's Silicon Valley, partnered with the development zone to form Jilin Pixelbay Microelectronics Technology Co Ltd.
The development zone also partnered with banks to provide financial support to local companies. The Ministry of Science and Technology has vowed to support Jiangxi's efforts to build Nanchang Optics Valley in the next two years, which will bring new opportunities for the development of environmentally friendly optoelectronics industries, such as the LED sector. Nearly 100 enterprises have invested in the high-tech zone, including South Korea-based Melfas, which is the largest business partner of Samsung, and Shenzhen-based O-film Tech Co, the largest touch screen producer of the world. At the end of March, GSR Ventures, a shareholder in Lattice Power, announced it had formed a consortium with other investors, including China Investment Corp and Nanchang Industrial Holdings Group to acquire 80.1 percent of Philips Lumileds shares.


The Nanchang zone is also making efforts to become the nation's largest touch screen center, having attracted investment by a number of major optoelectronics businesses in China. Ding said the zone has made much headway in integrating international practices for investment and trade as well as in streamlining its administrative functions in the past few months. Meanwhile, Ding said, 38 key infrastructure projects involving total investment of 156.1 billion yuan in the pipeline are related to harbors, rail transit, the expressway network and urban roads. Ding said local authorities will prioritize their efforts in further improving the business environment in line with international investment and trade practices, improving scientific and technological innovations, and shaping a modern industrial system highlighting modern service and advanced manufacturing industries. Located in Guangzhou, which has been ranked first on the Forbes chart of the best commercial cities on the Chinese mainland for the past three years, Nansha has a tempting business environment, according to Caesar Wong, a partner at Deloitte China and a professional adviser for China's free trade zones. He said the Trans-Pacific Partnership Agreement, or TPP, is a new generation of international trade systems.
Recent financial guidelines for the Guangdong Free Trade Zone, unveiled by China's central bank, also bring about opportunities for the development of Nansha, said Li Simin, deputy chief of the Guangzhou branch of the People's Bank of China. The project with the Australia Technology and Investment Committee is planned as a model zone for Sino-Australian technological cooperation, attracting high-tech projects, research and development teams and skilled professionals from Australia and organizing bilateral exchanges in science and technology, trade, education and culture.


The park will be jointly built by the China Council for International Investment Promotion, Genesis Rehab Service from the US, the Smart City Council and the Zengcheng Economic and Technological Development Zone. It also continues to improve the city's investment and business environments to promote implementation of projects. From January to October, the government signed nearly 300 contracts, with paid-in investments of more than 39 billion yuan.
Local transport authorities in Guilin made an investment of 7.99 billion yuan in 2014 to improve expressways as well as bus stations and ports, a 29 percent increase on the previous year. The Zhangye National Corn Seed Industrial Park is located in the county's Dashahe River development area, and has investment of 3.8 billion yuan ($586 million). Samsung Electronics said the forum offers opportunities to meet and communicate with scientific and technological heavyweights.



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