Shanxi is Actively Guiding and Encouraging Foreign Investors to Participate in the Construction of Projects in the Field of Energy Revolution

The Taiyuan Energy Low-carbon Development Forum is an important platform for Shanxi Province to attract foreign investment. On the afternoon of August 26, the Information Office of Shanxi Provincial People’s Government held a press conference, at which Yang Chunquan, Secretary of the Party Leadership Group and Director of Shanxi Investment Promotion Bureau, introduced the relevant situation of Shanxi's investment promotion work.

Since its approval in 2016, the Taiyuan Energy Low-carbon Development Forum has grown into an important exchange platform in the global energy and low-carbon sector, encompassing high-level dialogues, achievement showcases, and international cooperation. During the forum, the Shanxi Investment Promotion Bureau will host a Green Industry Investment Exchange Conference, cordially inviting domestic and foreign enterprises to participate in this grand event. In the future, the Bureau will leverage the forum platform and its network of investors to deepen foreign investment attraction and accelerate Shanxi's pace of opening up to the outside world.
Innovative approaches and new paradigms will be adopted to attract foreign investment. With a focus on the energy revolution, efforts will be made to guide foreign capital to deeply engage in new and clean energy projects, strengthen cooperation across the entire industrial chain as well as in energy conservation and carbon reduction, and accelerate digital and intelligent transformation. Foreign-invested enterprises will be encouraged to establish research and development centers in Shanxi, leading in scientific research and technological breakthroughs. Additionally, financial innovation will be promoted to attract foreign financial institutions and capital, thereby supporting the development of the real economy.
Overseas investment promotion activities are actively carried out. The Shanxi Investment Promotion Bureau has already visited multiple countries this year to conduct investment promotion activities, laying a solid foundation for cooperation. In the future, it will collaborate with overseas embassies, consulates, chambers of commerce, and associations to focus on Shanxi's key industrial development layouts. With a spotlight on countries participating in the Belt and Road Initiative, RCEP member countries, as well as Europe and the United States, global investment attraction efforts will be intensified to accelerate the establishment of a cooperative network for attracting foreign investment.
The foreign investment service system will be further strengthened. A provincial-level foreign investment roundtable dialogue mechanism will be established to optimize service delivery. Relying on existing mechanisms, such as joint meetings for complaint services, efforts will be made to stabilize existing foreign investments, expand new investments, and improve their quality, thereby comprehensively upgrading the protection and services for foreign investors' rights and interests. A digital investment attraction platform will be developed to precisely match foreign investment needs with local resources, providing customized services and support.
Source: Wechat Official Account of Shanxi Announcement
Image Source:Taiyuan Energy Low-carbon Development Forum