Entrepreneurs invest funds in, bring new ideas to hometown

Entrepreneurs from Zhanjiang, a southern China coastal city, have invested generously in their hometown to beef up the local economy.

According to statistics from the local government, Zhanjiang entrepreneurs and the chambers of commerce they have joined have invested nearly 80 projects in the city since 2013, with the total investment reaching 146.4 billion yuan ($23.2 billion).

"Zhanjiang is in its peak development period. We hope these entrepreneurs will use the opportunities in their hometown to introduce more development ideas, innovative technologies, investment projects, funds, information and professionals," said Zheng Renhao, Party secretary of Zhanjiang.