Since the beginning of this year, Chenzhou Economic Development Zone has forged ahead amid the COVID-19 pandemic. From January to June, the fixed-asset investment in the industrial parks increased by 44.9 percent year on year; the full-caliber financing rose by 42.7 percent year on year; the total investment grew by 35.6 percent year on year; the total foreign trade value jumped by 61.7 percent year on year.

 

Up to now, it has signed and introduced 32 industrial projects of various types, with a total contractual investment of 13.61 billion yuan, up 83.2 percent year on year.

 

There have been two enterprises belonging to the category of “global 500, top 500 enterprises in China and top 500 private enterprises”, four projects with each worth more than one billion yuan and five projects with each worth over 500 million yuan and less than one billion yuan.

 

Chenzhou Economic Development Zone has been committed to building industrial parks of 100 billion yuan, focusing on the mode of “industry dominance and characteristic economy” and constantly innovating investment promotion model. These strong measures have accelerated the pace of investment attraction to some extent.

 

 

Chenzhou Economic Development Zone has taken a clear-cut stand to build pilot zones for integrating into the Greater Bay Area and introduced “the Implementation Plan of Targeted Investment for Industrial Chains”.

 

It has not only aimed to attract investment for four industrial chains, to be specific, medicine and food, equipment manufacturing, electronic information and new materials, but also drawn up lists of investment projects, responsibilities and tasks.

 

Meanwhile, it has established the joint operation headquarters to put the investment responsibilities in place and strengthen investment attraction of top officials and all employees.

 

In addition, it has fully played the guiding role of assessment and set supporting examination and evaluation methods, so as to advance the high-efficient operation in aspects like overall industrial layout and elements guarantee, and make people work together to boost investment. 

 

In the first half of this year, Chenzhou Economic Development Zone organized 32 teams to attract investment in places like the Greater Bay Area, the Yangtze River Delta and Changsha-Zhuzhou-Xiangtan Economic Circle.

 

It attracted more than 80 batch of businesses from the Greater Bay Area, with projects from the Greater Bay Area accounting for more than 80 percent and the investment over 65 percent of the total.

 

 

Chenzhou Economic Development Zone has proactively explored new ways to attract investment by conducting cloud investment, business investment, industrial chain investment, squad investment, entrusted investment and hometown investment, and attracted investment with market-oriented methods and multiple channels.

 

 

 

It has achieved fruitful results by targeted measures, like online screening, inspection and contract signing, construction, project completion and commissioning as well as industrial clusters creation.

 

In May 2022, the number of signed projects reached 12 with a total investment of 3.4 billion yuan. An investment liaison office has been set up in Changsha to achieve win-win cooperation among the government, industrial parks and enterprises. on July 8, it harnessed the opportunity of the 2022 Forum for Chenzhou Entrepreneurs  and signed contracts of key projects with companies like Deli Intelligent Equipment Co., Ltd and Labway, with a total investment of 1.9 billion yuan. It has successfully promoted the extension, replenishment and strengthening of industrial chains.

 

 

Chenzhou Economic Development Zone has not only introduced the “Action Plan for Visiting and Helping Enterprises in Investment”, “Interim Measures on the Implementation of Investment Attraction Projects” and “Several Policies to Encourage Industrial Investment”, but also built special service groups to follow up the whole process and provide services by going deep into enterprises.

 

 

 

In order to enhance enterprises’ confidence, it has introduced beneficial policies in terms of land use security as well as financial incentives and subsidies for the industrial parks. More than 100 million yuan in various awards and subsidies for companies like Wanhua Ecological and Feihongda has been cashed in. From January to June, it managed registration for 1,211 enterprises, with 165 enterprises canceled and a net increase of 1,046 enterprises.