The city of Yangquan in North China's Shanxi province held an investment promotion for new energy battery materials in the Yangtze River Delta region on March 30 in Nanjing, capital of East China's Jiangsu province. 

Hosted by the Yangquan municipal authorities, the promotional event was intended to seize the opportunities brought about by the Yangtze River Delta's industrial economy, carry out in-depth upstream and downstream cooperation in the new energy battery materials industrial chain, promote the industrialization of new materials and investment in the industrial chain, and accelerate the transformation and upgrading of the Pingding Economic and Technological Development Zone.

At the event, agreements on 18 industrial projects with a total investment of 19.56 billion yuan ($2.84 billion) were signed and will be introduced to Yangquan.