Baotou investment promotion conference held in Shanghai China Daily | Updated: 2021-05-07 11:13 Share CLOSE Meng Fanli, Party chief of Baotou, addresses at the promotional investment conference held in Shanghai on Thursday. [Photo by Jin Xinyi/chinadaily.com.cn]
The Baotou CPC Committee and the Baotou Municipal Government held a promotional investment conference at the Shanghai Oriental Riverside Hotel on May 6 with the aim of attracting investment to drive local development.
The event drew almost 300 attendees, including well-known companies and industry association representatives, staff members from domestic universities and scientific research institutions.
Forty-eight projects in fields worth 159.7 billion yuan ($24.66 billion) were officially signed at the conference. The projects are related to fields such as modern energy, modern equipment manufacturing and modern service industries.
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SINGAPORE (Feb 9): One of the world’s largest producers of the key raw material for solar panels is planning a massive expansion amid surging demand for clean energy.
Xinte Energy Co will build a polysilicon project able to produce about a third of current global production in Inner Mongolia, it said Monday in a filing to the Hong Kong stock exchange. The company’s shares have more than quadrupled since mid-December on the back of demand for the material that transmits electrons excited by photons of light, generating electricity.
China’s climate push, along with a return to clean energy zeal in the US, mean demand for solar panels may create a shortage of polysilicon this year, according to Daiwa Capital Markets. Other makers have also seen their shares surge and announced separate plans to expand production.