Fuzhou New District already on the radar of foreign investors

Fuzhou, capital of Fujian province, will become considerably more attractive to foreign investors as a result of its new national development area, a top government official said on Thursday.

"A lot of Fortune 500 companies have already been on fact-finding trips to Fuzhou in the hope of setting up regional headquarters in the Fuzhou New District," said Chen Jipeng, Party chief of the Fuzhou Development and Reform Commission, at the launch of the new area.

National New Districts are specially designated regions for technological and industrial development in the Chinese mainland. They enjoy preferential policies to attract investment and experimental economic practices.