The city of Lanzhou plans to attract more investment from outside of Gansu Province with an estimated actual capital inflow of 206.5 billion yuan this year, according to Lanzhou Economic Cooperation Bureau on March 29.

The city of Lanzhou plans to foster 220 projects for investment attraction with an estimated volume of 250 billion yuan, according Hao Jingxin, vice-director of the Lanzhou Municipal Economic Cooperation Bureau. He added that more emphasis will be laid upon extending, enhancing and establishing industrial chains to realize clustering development in the city.

Lanzhou will also seize the opportunity of Belt and Road Initiative and build up a hub city along the Silk Road Economic Belt by enhancing investment attraction at Lanzhou International Inland Port and the Comprehensive Bonded Area of Lanzhou New Area, Hao said.

During the upcoming 23rd Lanzhou Investment and Trade Fair, the volume of contracts signed at the event is expected to surpass 140 billion yuan, according to a recently released investment attraction plan.

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