Wedoany.com Report on Mar 18th, Recently, China's National Development and Reform Commission (NDRC) unveiled a new batch of 13 landmark major foreign-invested projects. With a total planned investment of US$13.4 billion, this batch aims to further optimize China's industrial structure and enhance market vitality by attracting high-quality international capital.

The newly selected major foreign-invested projects are primarily concentrated in the manufacturing sector, covering core industries such as electronics manufacturing, chemicals, automobiles, and electrical machinery. The implementation of these investments is expected to effectively promote the accelerated development of related industrial clusters. Meanwhile, Chinese authorities have increased support for the service sector, including logistics projects in the list for the first time and continuing to support R&D center projects in fields like biomedicine, in order to promote the deep integration of modern services and advanced manufacturing.

According to statistics, to date, these landmark major foreign-invested projects have cumulatively completed investments totaling US$108 billion in China. Through the demonstration and driving effects of these projects, China's attractiveness to foreign investment is becoming increasingly significant, providing strong support for the stability and upgrading of industrial chains. In the future, with the implementation of more high-tech and high-value-added projects, major foreign-invested projects will continue to play a key role in promoting the high-quality development of China's economy.