Zhangjiagang holds a successful investment promotional conference in Beijing on Aug 13. [Photo/zjgonline.com]

A slew of key projects got the green light at Zhangjiagang, a port city in East China's Jiangsu province, as it hosted an investment promotional conference in Beijing on Aug 13.

Around 300 representatives from large-sized companies, research institutions and colleges participated and a total of 23 projects worth 10 billion yuan ($1.4 billion) were signed in the fields of intelligent manufacturing, semiconductors and city-industry integration.

You Zheng, deputy president of Tsinghua University, Shen Guofang, Party secretary of Zhangjiagang and Pan Guoqiang, mayor of Zhangjiagang also attended the conference.

Pan gave a presentation on the city's business and investment environment. With the great investment potential in the Yangtze River Delta region, Zhangjiagang will be an ideal place for entrepreneurs to start up and invest, Pan added.

The city has five pillar industries with an annual output value of nearly 500 billion yuan -- including metallurgy, textiles, chemical engineering and electromechanical sector.

It also has emerging industries with an annual output value of about 230 billion yuan such as high-end equipment manufacturing, new materials and new energy. Pan added that more commerce was expected between Beijing and the port city.

At the conference, experts had in-depth exchanges on global hydrogen industry clusters and the semiconductor industry.