Two projects from the Xinghua Economic Development Zone in Xinghua city, East China's Jiangsu province, were recognized as 2025 provincial-level major projects.
One is a smart energy industry base demonstration project invested in by Envision Group, a global leading company in new energy system technology, with an investment of 7 billion yuan ($961.15 million).
The project aims to make the smart energy industry become an innovative pillar industry and strategic emerging industry in Xinghua. It will also move to realize the rapid leapfrog development of a high-end wind power equipment manufacturing base and a zero-carbon industrial park.
The other is a food processing project costing 1.2 billion yuan, jointly invested in by Shanghai Zhaowei Industrial and Jiangsu Xinlei Food Technology.
On completion, the project is expected to fill the gap in the region's aviation food industry supply chain and inject new vitality into the high-quality development of the region's health food industry.