On June 13, a matchmaking meeting among government, financial institutions and enterprises was held in Alshaa League.

During the meeting, the administrative office of Alshaa League signed strategic cooperation agreements with four banks, and 11 financial institutions signed 46 projects with 43 enterprises, reaching a contracted amount of 10.284 billion yuan ($1.5 million).

Present at the meeting were Li Zhongzeng, Wang Weidong and Lu Liming, leaders from the League.

Li pointed out in his speech that entity and finance are "twins" of economic development, entity is the foundation and finance is the blood. He hopes everyone will take this signing as an opportunity to establish a comprehensive, long-term and stable cooperative relationship, and jointly develop under the path of ecological priority and green development.

The wind power projects built by Huaneng New Energy Mengxi Branch in Alshaa Base include the 400,000 kW wind power project in Alshaa base and the 300,000 kW wind power project in Bayannuorigong, Alshaa Left Banner.

The two projects can provide 2.2 billion kWh of clean electric energy and save 1.22 million tons of standard coal consumption every year, which will make positive contributions to the implementation of the "double carbon" goal and the adjustment of energy and industrial structure in Alshaa League.

"We expect a total investment of 4.685 billion yuan and plan to raise 3.279 billion yuan", said Qing Genmu, general manager of Huaneng New Energy Mengxi Branch.

"The continuous optimization of the business environment of Alshaa League has laid a solid foundation for investment, created favorable conditions, and strengthened our confidence in investing in Alshaa," he added.

Li Zhuxin, deputy director of the Financial Office of the League, said that the next step is to take the initiative to strengthen contact and communication with financial institutions and enterprises, and strive to promote the landing, refinement and implementation of contracted projects to achieve tangible results.

The signing is an important measure for the Alshaa League to deepen pragmatic cooperation between government, finance and enterprises, and promote common development, thus creating more favorable conditions for the League to strengthen support for high-quality development.

At the same time, it will further strengthen the real economy, and push the League to make breakthroughs in strengthening the coordination among government, financial institutions and enterprises.

In the future, Alshaa will unswervingly support the development of the real economy, encourage financial institutions to invest in Alshaa, accelerate the implementation of contracted projects, and promote the interaction and coordinated development of finance and the real economy with practical actions.