The city of Quanzhou in East China's Fujian province on Oct 17 organized an investment promotion in Nantong city, Jiangsu province, attracting nearly 300 entrepreneurs from the Yangtze River Delta region and Quanzhou.

At the investment promotion, Quanzhou municipal development and reform commission gave a briefing on the development plans and investment projects of the city's key industries.

These include textiles, footwear, building materials, food and beverages, craft products, new-generation information technology and biomedicine.

A total of 25 projects were discussed on the day, with a total contract investment of 36.63 billion yuan ($5.5 billion).

A signing ceremony for 15 projects was held at the event, with a total contract value of 8.12 billion yuan and seven projects had planned investment of 500 million yuan and above each.

The investment promotion had deepened cooperation intentions with enterprises from the Yangtze River Delta region. It will effectively lift the economic development and social progress of the city to a new level.

Moving forwards, Quanzhou will continue to organize similar activities, to attract more enterprises to invest in the city.