Shenzhen-based real estate developer Vanke (000002.SZ, 200002.SZ) agreed to invest RMB 3 billion to develop projects in Changchun, Jilin province, in a contract signed with the municipal government on May 8, reports guandian.cn. The partnership will focus on areas including real estate development, an industrialized housing system and comprehensive urban planning. Vanke may increase its investment in Changchun in the future, said Changchun Municipal Bureau of Land and Resources Chief Zhu Yafu. Vanke entered Changchun in 2001, according to the report.