A trade delegation from Dalian in Liaoning province is to visit Hong Kong next week to sign deals to to attract more investors.
The city's mayor, Xia Deren, will lead the delegation on a three-day visit, beginning next Tuesday.
The delegation would hold a signing ceremony for logistics and infrastructure projects in Dalian on the first day of the visit, a spokeswoman for the Dalian Foreign Trade and Economic Co-operation Bureau in Hong Kong said yesterday. She would not give any details on the projects.
The second day of the visit will be devoted to presentations on investment opportunities in finance, infrastructure, logistics, service and distribution businesses in Dalian.
The trip is part of a campaign by the city to attract investment to transform its resource-based economy into a knowledge-based economy.
Liaoning is one of three provinces in the so-called rust belt. Its governor, Bo Xilai, told the South China Morning Post this month he aimed to raise foreign direct investment to US$5 billion a year. Last year, more than 800 foreign companies invested US$3 billion in the city. They included General Electric's Asian accounting centre, Dell's Asian service centre and Accenture's data centre.