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4-year Plan of Investment Attraction Fully Launches in Chenzhou City

2015-09-18

 

It was learned from Chenzhou Commercial Affairs Bureau that “Chenzhou four-year (2015-2018) plan of investment attraction” was officially published, which indicated the 4-year plan was fully launched in Chenzhou city. According to the plan, it should well seize the significant chances of construction of“one belt, one road”, construction of Yangtze River Economic Zone, Pan-Pearl River Delta cooperation, opening up of Hunan and Guangdong province, and etc. to fight for the breakthrough of quantity and quality of investment attraction. It is purposely to reach the target of opening economy as “improving industry, development entity, upgrading quality, and increasing efficiency”, and provide the transformation, upgrading and sustainable development of economy with strong power and solid support.

 

In recent years, Chenzhou city well seized the chance of the approval of national demonstration area of south Hunan undertaking industrial transfer to accelerate its undertaking industrial transfer and improvement of opening economy. It keeps exploring and developing more chances for the improvement of Hunan provincial undertaking transformation and opening up, and its opening economy and investment attraction was being kept in advance of Hunan province. The actual use of foreign capitals was amounted to US$1.177billion in 2014, ranking the second place of Hunan province, while paid-in domestic investment was amounted to 36.048billion yuan, ranking the third place of Hunan province. From this January to July, the actual use of foreign capitals was amounted to US$743million, up 11.38%, while paid-in domestic investment was amounted to 24.6billion yuan, up 13.6%. Both the amount of foreign and domestic investment ranked the second place of Hunan province.

 

The targets set for the 4-year plan of investment attraction are as follow: the increase of investment amount should be kept in advance place of Hunan province, quality of the investment structure should be fundamentally improved better, and the effects of investment industrial cluster should be upgraded. As specified on the plan, the actual use of foreign investment should be with an annual increase rate of over 10% and total investment amount should be kept 2nd place of Hunan province; the paid-in domestic investment should be with an annual increase rate of over 10% or 2% higher than Hunan provincial average rate and the total amount should be kept 3rd place and try to be 2nd place. It planned to sign 1995 projects contracts, 1394 of which should be settled and started and 990 of which to be fulfilled. More than 1000 innovation and entrepreneurship enterprises were planned to be introduced into the city. 60 industrial projects with over 100million yuan investment were planned to be introduced into the city annually.

 

It also stated on the plan that the Pearl River Delta, Hong Kong, Macau and Tai Wan are the key investment attraction areas during the 4 years. Leading enterprises of industries, strategic investors, supporting enterprises, top 500 transnational corporations of the world, top 500 central state-owned enterprises and private enterprises, high-end technologies and high level talents are the key targets of investment attraction. The projects which can meet national industrial policies, can drive the improvement of industries, can promote the employment, can contribute more to the application of resources and tax payments, and can be with sound economic and social efficiencies are key investment attraction projects. Cultural tourism industry, non-ferrous metals deep processing industry, modern logistics industry, healthy industry, e-commerce industry, mineral gem industry, food and pharmacy industry, social consumption industry, fine chemical engineering and new construction material industry are the key investment attraction industries.

 

The working measures and annual investment attraction indexes are specified on the plan as well.