Recent data from the Ministry of Commerce showed that foreign investment in Zhejiang province grew significantly over the first five months of 2020.
Zhejiang Province is one of the provinces which have the largest number of forest parks in the nation.
Zhejiang province became a hot spot for foreign investment in the first half of 2019 because of steady upgrades in the business environment, government officials and industry experts said.
Zhejiang's commerce departments at all levels have been pressing ahead with supply-side structural reforms, spearheading the Belt and Road Initiative and a new round of opening-up, to maintain growth momentum and benefit Zhejiang's people.
East China's Zhejiang province recorded a GDP growth of 7.1 percent in the first half of the year, totaling about 2.83 trillion yuan ($411.4 billion), the provincial bureau of statistics said July 22.
The foreign trade volume of East China's Zhejiang province rose 5.7 percent year on year to 1.41 trillion yuan ($205.1 billion) in the first half of the year, according to Hangzhou customs on July 19.
Zhejiang Lab -- a research institute jointly built by the Zhejiang provincial government, Zhejiang University and China's tech giant Alibaba Group -- recently launched a fund program for talented international young people.