2024 New Energy Industry Development Conference & Invest in Changzhou Conference took place
September 27 2024 - 8:49PM
On September 26, the 2024 New Energy Industry Development
Conference & Invest in Changzhou Conference kicked
off, gathering academicians, experts, domestic and international
business representatives, and financial institutions to discuss
collaboration and development.
A Media Snippet accompanying this announcement is
available by clicking on this link.
A total of 42 representative projects were signed, with a total
investment of 39.7 billion yuan, including 9 foreign-funded
projects worth 1.16 billion USD. Ten provincial financial
institutions signed key financing projects with a credit amount
reaching 120 billion yuan.
Changzhou has pioneered the establishment of a complete
industrial ecosystem encompassing generation, storage,
transmission, application, and networking in the new energy sector.
From January to August this year, Changzhou produced nearly 680,000
new energy vehicles, ranking first in investment enthusiasm
nationwide. The solar photovoltaic industry is among the largest in
the country, and the completeness of the power battery industry
chain stands at 97%, the highest in China, significantly
contributing to the high-quality development of the new energy
industry.
Changzhou has been recognized as "China's Capital of New
Energy." This title reflects the city's commitment to building a
world-class new energy industry cluster while adapting to new
circumstances, enhancing its hard and soft power, and accelerating
the progress of new industrialization. It represents the future of
China's new energy industry and showcases a green, efficient,
innovative, and collaborative industrial image, shaping a vibrant
"New Changzhou."
Since 2022, Hurun Research Institute has consistently published
the list of cities with high concentration in the new energy
industry. At the conference, the 2024 Hurun China New Energy
Industry Concentration Cities list was released, with Changzhou
ranking third, maintaining the top position in investment
enthusiasm for three consecutive years. Four new energy enterprises
from Changzhou made it to the global unicorn list.
In the latest Hurun World 500, five companies related to new
energy were included, three of which are from China: CATL, BYD, and
Li Auto, all of which have chosen to invest in Changzhou. South
Korea is a key source of foreign investment for the city, with 326
well-known Korean enterprises established in Changzhou. Major
projects, including the ArcelorMittal soft magnetic project and the
3 billion yuan Li Auto component base project, are being launched,
with Changzhou attracting a total of 10.59 billion yuan in foreign
investment since 2020.
During the conference, 30 enterprises were awarded for their
significant contributions to Changzhou's social development,
industrial upgrading, foreign trade, and technological innovation.
To foster an open environment, Changzhou also released a
multilingual guide for foreign personnel.
In today's world, green, low-carbon, and sustainable development
are paramount. Changzhou is implementing a series of strategic
collaborations, innovation platforms, and national events to
promote industrial integration and innovation. The second Energy
Electronics Industry Innovation Competition was launched on-site,
alongside the signing of a strategic cooperation agreement to
support Changzhou's new industrialization. The Jiangsu Advanced
Power and Energy Storage Battery Technology Innovation Center was
also inaugurated.
To promote investment and development in future industries,
Changzhou established the largest new energy mother fund in Jiangsu
Province, totaling 5 billion yuan. Additionally, several other
funds were signed, including a 2 billion yuan Yangtze River Delta
Hard Technology Scientists Fund and a 1.68 billion yuan Yuanzheng
Venture Capital Fund, amounting to a total of 6.305 billion
yuan.
Changzhou aims to enhance its industrial development
capabilities and cultural soft power, actively promoting the
integration of "Vehicle, Energy, Road, and Cloud." The city is
rolling out pilot projects for near-zero carbon parks and smart
microgrids, encouraging the development of new business models such
as virtual power plants and load aggregators, striving to become a
national carbon peak pilot city.
Looking ahead, Changzhou will expand its new energy landscape,
accelerate entry into smart networking and low-altitude economy
industries, and unveil investment opportunities in nine fields,
including synthetic biology, new energy vehicles, and hydrogen
energy.
Source: The Organizing Committee of 2024 New Energy Industry
Development Conference & Invest in Changzhou
Conference
Mr. Wong
Tel: 86-10-63074558