Construction on major projects with investments totaling 148.8 billion yuan ($21.2 billion) was agreed to in Kunshan, East China's Jiangsu province, on Thursday.
Among them, 47 major projects with investments of 61.7 billion yuan were signed, while 78 projects with investments of 87.1 billion yuan will start construction before late June.
Among newly signed projects, 29 with investments of $5.5 billion were foreign-invested and focused on intelligent manufacturing, new energy and electronic information.
Kunshan, a county-level city of Suzhou, had its GDP hit 400 billion yuan in 2019, a year-on-year increase of 6.8 percent.
