Dongguan holds an investment promotion meeting in Songshan Lake High-Tech Zone on Dec 2. [Photo provided to chinadaily.com.cn]

The Pearl River Delta boomtown of Dongguan in South China's Guangdong province inked 29 contracts, with a total investment value of 35 billion yuan ($5.33 billion), in its Songshan Lake High-Tech Zone and nine towns around Songshan Lake during a promotion meeting with more than 500 enterprise representatives across the nation on Dec 2.

The new deals cover a wide range of industries, including electronic information, cloud computing, robots, new materials, cultural tourism development, health care, food, and other modern industries.

Bai Tao, deputy secretary of the CPC Dongguan municipal committee, said at the meeting that the municipal government has rolled out dozens of measures this year to bolster companies' recovery from the novel coronavirus (COVID-19) pandemic and the slowing-down of the global economy.

These policies have achieved successful results. This year, the city's GDP maintained a positive growth of 0.2 percent in the first three quarters. In addition, the city's investment rose 24.3 percent in the first half of the year.

In particular, the Songshan Lake High-tech Zone and the nine towns around it are further integrating into each other's development, as well as complementing each other's advantageous industries. They have drawn an investment of 77 billion yuan together so far this year.