Investment promotion is one of the most important measures Zhongshan takes to pursue high-quality development. In the first half of this year, the Zhongshan Bureau of Commerce implemented a targeted investment promotion strategy, which focuses on the introduction of key industrial chain projects and upstream and downstream supporting enterprises. So far this year, Zhongshan has signed contracts for 182 projects (79 of which have started construction), with a total investment of about 23.7 billion yuan.

Of these projects, 114 are industrial projects, with a total investment of about 14.8 billion yuan; and 68 are service industry projects, with a total investment of about 8.9 billion yuan.

The total investment of all 122 projects that had started construction in the first half, including the 79 projects newly signed this year, is about 37 billion yuan. Among these, there are 75 industrial projects, with an investment of about 8.3 billion yuan, and 47 service industry projects, with an investment of about 28.7 billion yuan.

The High-Density Flip Chip Package Substrate Project (Phase I), with an investment of 1 billion yuan, will settle in the Gaoping Industrial Park, Sanjiao Town. It aims to provide core materials for chip manufacturers of mobile phones, smart watches and televisions, and stives to become a first-class provider of high-density flip-chip package substrates in China.

The project was founded by Dr Gu Xin, a leading engineer in Shenzhen. "After thorough research, we decided to invest in Zhongshan for its future development potential." Dr Gu mentioned that Zhongshan and Shenzhen are just separated by a river. When the Shenzhen-Zhongshan Bridge opens to traffic, the drive between the two cities will be shortened to less than 30 minutes. Shenzhen and Zhongshan plan to strengthen cooperation in industry development and talent exchanges.