A grand investment project signing ceremony was held in Wudang district in Guiyang, capital of Southwest China's Guizhou province, on Oct 28.
It witnessed the signing of agreements for 16 projects with a total investment of 16.1 billion yuan ($2.42 billion).
The signed projects involved the industries of equipment manufacturing, organic and green food and new building materials.
They are expected to consolidate the foundation for Wudang's new-type industrialization and accelerate the development of industrial clusters.
Moving forward, Wudang will coordinate and solve problems faced by enterprises in project construction in a timely manner to ensure that projects are completed and put into production on schedule.