Since the beginning of this year, Chenzhou Economic Development Zone has made efforts to attract investment from large and strong enterprises. From January to October, Chenzhou Economic Development Zone has signed 43 investment projects with a total contract amount of 29.84 billion yuan, including 5 projects from Fortune Global 500, Top 500 Chinese Enterprises, and Top 500 Private Enterprises, 3 listed companies, and 13 major projects with investments of over 1 billion yuan.

 

Zeng Xiangfeng, deputy secretary of the Party Working Committee in Chenzhou Economic Development Zone, said that Chenzhou Economic Development Zone would spare no effort to promote the high-quality industrial development so as to advance high-level reform and opening up.

 

 

Chenzhou Economic Development Zone works to help enterprises grow bigger and stronger. It strives to cultivate over 10,000 small and medium-sized enterprises by 2024 by supporting enterprises such as CR Sanjiu and Wanhua Ecological, 3 industrial enterprises with an annual output value of over 1 billion yuan, and add more than 10 industrial enterprises above designated size. Besides, it supports high-quality enterprises to be listed like Hunan Attoes Optical Technology Company.

 

 

It enhances the innovation ability of enterprises. It will make every effort to cultivate single champions and specialized and innovative “little giant” enterprises in the manufacturing industry, working to add more than 20 new high-tech enterprises by 2024.

 

 

It strengthens the transformation of scientific and technological achievements. It will develop Chenjiang Laboratory into “South China Science and Technology Valley” with core competitiveness and a key laboratory in Hunan Province, create technology enterprise incubators and maker spaces at or above the city level, striving to add more than three provincial-level research and development institutions.

 

 

It focuses on attracting strong industries. In 2024, it plans to attract more than 45 new projects from the Guangdong-Hong Kong-Macao Greater Bay Area, including more than 3 projects from Fortune Global 500, Top 500 Chinese Enterprises, and Top 500 Private Enterprises, in the electronic information, new materials and equipment manufacturing, and pharmaceutical and food industries.

 

 

It continues efforts to build professional parks. It will promote the construction of Phase II of the Science and Technology Innovation Park and the Zhejiang Business Industrial Park in the Changchong area, and turn Changchong into a pharmaceutical industry concentration area with 1 million square meters of factory buildings. 

 

The Shigaitang area has completed the construction of the Zhongcheng New Energy Industrial Park, Intelligent Equipment Industrial Park, and New Semiconductor Materials Industrial Park, as well as the Hunan Expressway (Chenzhou) Logistics Park project.

 

 

It strives to strengthen advantageous industries. It plans to build the big health industry into a main industrial chain with an annual output value of over 10 billion yuan and a tax revenue of over 1 billion yuan in three to five years, and a new energy lithium battery industry chain incorporating upstream and downstream sectors like resources, materials, batteries, equipment and recycling, striving to achieve a total output value of over 30 billion yuan by 2025.

 

 

It continues efforts to help enterprises solve prominent problems such as labor shortage, recruitment difficulties, and shortage of resources through various measures.

 

It strengthens funding and land security. It strives to achieve a land development and utilization rate of over 96% in the entire zone in 2024.

 

 

It provides excellent financial services for foreign trade to attract foreign trade enterprises, and strives to achieve a total import and export volume of over 3 billion US dollars in 2024.