Well-known private entrepreneurs to invest in Hubei

A conference on investment promotion was held in Wuhan, capital of central China’s Hubei Province on July 8, which gathered more than 200 celebrated private entrepreneurs nationwide to boost high-quality development in Hubei.

During the conference, the All-China Federation of Industry and Commerce and the Hubei Provincial People’s Government signed a strategic cooperation agreement on Hubei’s high-quality development. They jointly launched a sales platform for Hubei’s featured products, along with well-known e-commerce platforms such as Alibaba, JD.com, Meituan, Benlai and ByteDance.

30 projects were inked on site, with a total contract value of 60.674 billion yuan. The projects covered diversified emerging industries including energy conservation and environmental protection, optical communications as well as new materials.

In the preparation stage of the event, private enterprises have reached 56 investment intentions, with a total investment of 76.658 billion yuan. The on-site conference promoted the implementation of cooperative projects for the province’s high-quality development.