Zhangjiagang, a port city in Jiangsu province held a break ground ceremony for a total of 36 projects worth 6.8 billion yuan on May 16.

These projects involved 24 industrial projects and 12 service projects covering advanced manufacturing industry, livelihood and infrastructure projects.

Additionally, a total of 27 projects with an investment of 7.02 billion yuan were completed in May covering industrial and service fields.

The completed project of the new LED display project was backed by Tiege Technology Group with an investment of 150 million yuan.

Founded in 2012, Tiege Technology, based in Shanghai, is an innovative company which is committed to developing new LED display screens.

It is also the world's only display research manufacturers in high-density chip glass display and high-density chip film display.

The CENTRAL (CTR), an automobile spare parts manufacturing in South Korea invested a total of 700 million yuan for the construction of automotive suspension system project

The first phase of the project covers a building area of 13,000 square meters, with a total investment of 300 million yuan and is expected to have annual output of 1.2 million core components for automotive suspension system.

The second phase with a total investment of 300 million yuan and is expected to have annual output of 1.2 million components.

Zhangjiagang, a port city in Jiangsu province holds a groundbreaking ceremony for a total of 36 projects worth 6.8 billion yuan on May 16. [Photo/zjgonline]

Shen Guofang, the Party secretary of Zhangjiagang, delivers a speech at the roundbreaking ceremony on May 16. [Photo/zjgonline]