Zhoushan in East China's Zhejiang province recently held its Xiaodao Nihao signing event, securing five projects totaling 190 million yuan ($26.87 million) in investment. The agreements cover vacation lodging, island culture experiences, and related sectors, adding new momentum to local island development.
This year, the city's development and reform department has advanced projects under the Xiaodao Nihao initiative and reached a total of 1.2 billion yuan in signed investment agreements. A leading domestic brand, Trip's "Country Retreats" project, plans to establish a site in Daishan with an investment of more than 200 million yuan.
During the signing ceremony, Shengshan town in Shengsi county partnered with Shanghai Chengfang Hotel Management to develop the Wang Xinding cold storage site. Located in the central area of Shengshan Island ith strong transport accessibility, the initiative involves an investment of 30 million yuan. Gouqi township in Shengsi signed with Shanghai Huguang Yidian Hotel Management to develop the Lixi nursery site, with a 40 million yuan investment to build a high-end resort integrating sightseeing, leisure, wellness, and dining.
Since the launch of the Xiaodao Nihao initiative in 2022, Zhoushan has established two groups of 18 model islands and advanced 231 projects, including 122 industrial operation projects and 109 infrastructure projects.
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