Nearly 4b yuan spent on newly-introduced projects in Wudang from Jan-Sept

Since the beginning of this year, Wudang district has made strong efforts to attract investment. By the end of September, the total funds in place for newly-introduced projects in the district reached 3.97 billion yuan ($542.97 million), including ongoing projects, accounting for 88.3 percent of its annual target. Industrial funds in place amounted to 2.23 billion yuan, with the introduction of 21 high-quality enterprises.

Wudang, with a focus on new industrialization, has conducted a comprehensive review of local resources and industrial development conditions to optimize and adjust its industrial strategies, carrying out investment attraction efforts with a targeted approach.

Based on the construction of the Sinopharm West China Medical Industry Park, the district has attracted a series of medical device companies with shorter growth cycles and quicker results, effectively promoting the growth and strength of the health and pharmaceutical industry.

During the period, the district's leaders ventured outside the province 37 times to attract investment, and matchmade 105 enterprises for further cooperation.

Moving forward, Wudang will make concerted efforts to establish a sustainable development framework for the healthcare and pharmaceutical industry. Leveraging the leading role of Zhenhua Group, efforts will be made to attract investment in the electronic information manufacturing industry, creating an industrial system for electronic information manufacturing industry and further enhancing the development of the real economy.