It was learned from Chenzhou Economy Development Zone that 1 billion investment contract was successfully signed with national franchise project of Yiwu Commodity City in April. Now, this project is on the process of decoration and can be opened to public in November. Once it is opened, 3000 vacancies are available to the public, and the annual taxes will hit 10 million yuan, which is one of the successful cases for the seamless abutment on industrial transfer projects undertaken by Chenzhou economy development zone.

After the approval to be “Demonstration Center of Great South Hunan National Undertaking Industrial Transfer”, Chenzhou economy development zone actively carried out the construction of abutment platform like building standard workshops and administrative offices, and completing infrastructures with about 400 million yuan investment. In 2012, the zone will finish workshops of 290,000 square meters to attract more investors to settle down here. Till now, Xufuji foods, Longde electronics, Qidongfujin technologies, and Double Grane pharmaceutical factory and some other low carbon were introduced into the zone with total amount of more than 50 million yuan.

In order to better reduce undertake industrial transfer threshold, special measures were discharged by the zone. For instance, there would be about 4 yuan/ square rent subsidy for three years to the transferred scale industry enterprises which can be negotiated after three- year periods; encouragement and reward measures for workforce, industry introduction capitals, fiscal contributions, etc. were set with the transferred industries. From January to May, paid-in foreign disbursement investment hit 44 million yuan, fulfilling 58.1% annual target of investment attraction, while actual domestic fun reached 870 million, fulfilling 50.8% annual target.