Xi'an High-tech Industrial and Development Zone signs 23 projects with partners

Xi'an High-tech Industrial and Development Zone, one of China's top zones at a national level, signed 23 high-tech projects with its partners on Friday to promote strategic emerging industries and to transform the most advanced scientific and technological achievements.

As one of the most important activities of the on-going 2016 Silk Road International Expo and the 20th Investment & Trade forum for Cooperation between East & West China, a national promotion for economic cooperation and development in the country was held between May 13 and 17 in Xi'an, the capital of Shaanxi province, the signing of the contracts of the 23 projects meant an influx of 16.3 billion yuan ($2.5 billion) for the zone, of which 15.7 billion yuan came from other provinces and regions, and 600 million yuan from foreign investors.

The contracted projects cover strategic emerging industries, including semiconductor, civil and military integration, new energy, new generation of information technology, financial services and advanced manufacturing, of which there are industrializing projects for a number of advanced scientific and technological achievements.

These projects are of high quality and new technology with good prospects and will bring innovative development for related industries after they are put into operation. They will also vigorously promote the construction of the national independent innovation demonstration park in the Xi'an high-tech zone.