(Yicai Global) Oct. 13 -- Leading Chinese real-estate enterprise China Vanke Co. [SHE:000002] will establish its mid-west regional headquarters in Chengdu, in the country's western Sichuan province, and invest CNY200 billion (USD30.37 billion) in the city, local newspaper Chengdu Daily reported yesterday.

Vanke will invest in several Chengdu-based projects, including a financial center, an intelligent logistics town and a science and technology innovation zone.

The company will help improve a number of facilities in Chengdu, said the firm's chair Yu Liang. It also plans to participate in the real estate, rail transit, property management, education and logistics sectors.

Chengdu has become a portal for Vanke's development in mid-west China. The city remains attractive to talented professionals and prospects look positive for its future development.