Huangshan has achieved strong growth in investment promotion during the first quarter of 2024, securing 106 new projects with a total contracted investment of 18.09 billion yuan ($2.5 billion).

The city attracted 78 major projects, each valued at over 100 million yuan, accounting for 17.48 billion yuan of the total investment and representing an 11 percent year-on-year growth. 

In the manufacturing sector, Huangshan has committed to 45 major projects, each with an investment exceeding 100 million yuan. Among these, 11 projects hold particular importance, each valued at over 300 million yuan such as the production facility in the Huizhou district, which will produce 60,000 metric tons of PA and 20,000 tons of PPS annually, as well as the Qimen county's Diyou Smart Valley intelligent equipment base located in Qimen County and the Deheng Auto Super Factory in the Huangshan High-Tech Zone. 

The service sector also demonstrated robust performance with 33 newly signed projects, each worth over 100 million yuan, featuring two landmark developments above 500 million yuan: Shexian county's Greentown Huiyin Yunlu and the Galaxy Huashanjun themed boutique hotel cluster. 

Investors from the Yangtze River Delta region have made a significant impact by engaging in 88 projects with a total investment of 13.46 billion yuan. In comparison, investors from other regions have initiated 18 projects, amounting to a total of 4.63 billion yuan. These results underscore Huangshan's growing appeal as a premier investment destination and demonstrate the effectiveness of its targeted economic development strategies.