TIANJIN, April 8 (Xinhua) -- Authorities have inked 116 major investment projects online in a cloud contract signing event Wednesday in north China's Tianjin Municipality.
The projects drew a combined investment of about 90.4 billion yuan (12.8 billion U.S. dollars).
More than 100 entrepreneurs from home and abroad joined in online discussions during the event.
The projects involved a variety of fields, including high-end equipment, biomedicine, financial services and education.
"The business environment in Tianjin is quite good, and the government has rolled out a series of preferential policies," said Zhuo Da, general manager of a Tianjin company. "This gives companies confidence to invest, take root and develop in Tianjin."
