Dongguan is on a mission to raise investment – local and foreign – for new projects across the municipality, and early efforts are paying off, with contracted investment rising 35.7% in the first half of this year, according to official data.
According to Dongguan Daily, the city introduced 2,062 new domestic and foreign-funded projects in the first six months, with total contracted investment of RMB 107.322 billion. Nearly two-thirds of this amount was committed into 122 large-scale projects worth a collective RMB 96.024 billion, a 54.85% jump over the same period last year. Among these, 85 projects exceeded RMB 100 million each, and 37 were by foreign companies.
The four biggest of these projects are located in the Binhai New Area, which is being built into a major hub for transport, logistics, and new strategic industries. Read also our Dongguan overview for more detail.