Beijing Review

ECONOMY

FTZ Investment

The free trade zone (FTZ) in Heilongjiang Province, northeast China, had attracted 196 projects with a total investment of 228.2 billion yuan ($35.3 billion) as of the end of 2020, according to official statistics.

Since its inauguration in August 2019, 7,378 enterprises had been established in the three areas of the FTZ, with one in the provincial capital of Harbin and the other two in the cities of Heihe and Suifenhe on the China-Russia border, by the end of 2020.

The FTZ has taken measures to attract investment, including promoting online registration, improving

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