Harbin -- capital city of China's northernmost Heilongjiang province -- recently signed 16 projects worth a total of 14.65 billion yuan ($2.20 billion) in Shanghai and Hangzhou cities.
 
The projects are engaged in the fields of tourism, culture, sports, as well as science and technology.
 
The signing represented a success for an investment roadshow conducted by a delegation from the Harbin government to the Yangtze River Delta on July 7-12.
 
Investors reportedly said that the city's great location, strong scientific and educational strengths, solid industry foundations, rich agricultural resources, healthy environment and broad market space boosted their confidence to put their money in Harbin.
 
As a megacity with the largest area among provincial cities and the third-largest population in China, Harbin is said to be a political, economic and cultural center of Northeast China. Harbin is also a key city on the first Eurasian Land Bridge and a key aviation transport corridor.

Meanwhile, it's appreciated that Harbin is situated on a plain with 1.98 million hectares of agricultural land, most of which boasts fertile black soil which is rich in nutrients. 
 
Harbin also reportedly boasts a diversified industrial base. It's now building a "4 + 4" modern industrial system, with green agricultural product processing, advanced equipment manufacturing, as well as a modern biomedicines and tourism industry as its pillar industries -- and with information, new materials, finance and modern logistics as its rapidly developing sectors.
 
The city is said to attach great importance to the development of its high-tech industries and has issued a series of funding and recruitment policies to support its industrial development, optimize its industry layout and retain its scientific and tech workforce.
 
Moreover, due to the city's efforts to create a better business environment, Harbin's administration processing times have been streamlined and are reportedly now among the best in the country and its online government service capacity is said to rank first in northeastern China.
 
In addition, the development of its credit system and reforms of its real estate registration have been listed as national models.