Heilongjiang’s Free Trade Zone attracted RMB 228 bln
Feb 23, 2021 (China Knowledge) - As at the end of 2020, the Free Trade Zone (FTZ) in northeast China's of Heilongjiang Province has attracted 196 projects with a total investment of RMB 228.2 bln. The province's total foreign trade had reached RMB 153.7 bln with exports growing 3.2% YoY to RMB 36.09 bln. Since is inauguration in 2019, the FTZ has seen the establishment 7,378 enterprises.
To attract investments, the FTZ has taken measures including improving the business environment, lowering operating costs for foreign enterprises, and promoting online registration.
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