Since its official launch last September, the Harbin area of the China Heilongjiang Pilot Free Trade Zone has made considerable progress in attracting companies to establish themselves there.
The management of the Harbin area of the China Heilongjiang Pilot Trade Zone recently discussed undertaking an investment drive of the FTZ in Russia.
Harbin will introduce a raft of measures to boost the development of companies with annual earnings of more than 1 billion yuan ($142.84 million) in the next five years.
The world’s first 1,000 megawatt hydrogenerator was successfully installed on July 22 at the massive 16 gigawatt Baihetan Hydropower Station.
Liangjiang New Area signed a cooperation agreement with Harbin Institute of Technology on July 17 to co-establish a research and development institute.
Harbin Electric Corporation announced the Dubai Hassyan 4×600 megawatt clean coal power station successfully achieved dual-fuel full-load power generation.
The ranking of the business environment in Harbin FTZ among the 190 economies in the world has risen to 52nd from 80th since its establishment.
The financial departments at the Harbin municipal level and Heilongjiang provincial level recently allocated another 320 million yuan to support companies that are resuming their operations and production.
Harbin will build itself into a "City of Livability and Happiness" from 2022 to 2026.
The Harbin bureau of industry and information technology recently issued management measures for the construction of manufacturing innovation centers.
Heilongjiang province will continue to strive to make new breakthroughs in the overall revitalization and improve its strength in safeguarding food security.
Harbin launched policies to push forward the construction of a national new-generation artificial intelligence innovation and development pilot zone.