The fourth Huai-Merchant Summit was held in Huai'an city of Jiangsu province on Dec 15.
As the most dynamic economic entity in the market economy, private economy has become an important strategic support for the city in speeding up economic transformation and upgrade, said Yao Xiaodong, Party Secretary of Huai'an.
Yao expected the Huai'an merchants, especially those who are doing businesses away from their hometown, either at home or abroad, will go back to their hometown often and see its new development and new changes.
Entrepreneurs from all parts of the country are sincerely welcomed to Huai'an to make an investment and start businesses on this land that is full of vitality and vigor, he added.
The business associations of the 21 cities and counties along the Huaihe River Eco-economic Zone held the founding ceremony of the Business Alliance at the summit.
And more than 300 entrepreneurs present at the summit visited some key culture industry projects of the city in the afternoon.
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