Basic information and historical development: Hunan Yongxing Economic Development Zone was established with the approval of Hunan Provincial People’s Government in December, 1992(Document of Hunan Commission for Restructuring the Economic System No. [1992] 154 Document). This zone was once called “Hunan Yongxing Sanbao Economic and Technological Development Zone” with a planned area of 10 square kilometers. In March of the following year, with the approval of Chenzhou Document of Institutional Organization Commission No. [1993] 3 Document, the Management Commission of Yongxing Sanbao Economic and Technological Development Zone was established by the Institutional Organization Commission in Chenzhou as an administrative management agency at the vice-county level. In August, with the approval of No. [1993] 16 Document, the Party Committee of Yongxing Sanbao Economic and Technological Development Zone was established by the CPC Yongxing County Committee. In September, the management committee was officially set up and executed its functions with such internal organs as offices, social affairs department, planning and construction department, economic development department as well as liaison and introduction department. The management committee is mainly responsible for technical planning and development of economy of Yongxing county especially of the county construction as well as for the guidance, coordination, supervision, and management of all the development projects. On April 13th, 2001, with the approval of Yongxing County Committee and County People’s Government (No. [2001] 17 document of Yongxing County Office), the two incorporated villages, i.e. Shuinan and Bianjiang, which used to be under the jurisdiction of Chengguan town with a population of 3,000, were put under the administration of the development zone and were developed into neighborhood committee temporarily. In May of the same year, operational units like the ministry of people’s armed forces of the development zone, finance branch, the police station of the south of the city were established in succession. In 2006, the development zone was kept with the sixth batch of examination and approval of National Development and Reform Commission (No. [2006] 126 document of Hunan Development and Reform Commission), and renamed “Hunan Yongxing Economic development zone.”

 

Gold and silver smelting in Yongxing has a long history of 300 years, and now the smelting technology is improving rapidly with a more scientific and mature way. In 2008, the annual output of silver was 1,940 ton accounting for more than one third, and that of gold was 6.7 ton; in 2003, Yongxing won the title of “China Silver Capital” in the Fourth China International Silver Conference in Changsha. Relying on the superiority of Yongxing silver industry, the development zone aims at developing the recycling economy of precious metals, vigorously implementing “the development strategy of silver capital”, in order to strengthen and specialize the special metals industry as well as adhere to the development path with characteristics.

 

Located in the southeast of Hunan Province as well as the northern frontier of Chenzhou, Yongxing county has the humid subtropical monsoon climate. The county is located from 112°43′E to 113°35′E, and from 25°58′to 26°29′N. with a total area of 1,979.4 km2. This long and narrow area is like a silkworm, stretching 90 kilometers from east to west and 10.8 to 56 kilometers from north to south. 

 

The development zone is located in the north of Yongxing county.Across from  a river is the downtown of the county. With a favorable geographical position and convenient transportation, the zone has S212 provincial highway running through it, and it is only 15 kilometers away from Beijing-zhuhai Expressway, 30 kilometers from Beijing-Guangzhou Railway, 40 kilometers from the downtown, 280 kilometers from the provincial capital Changsha, and 445 kilometers from Guangzhou, which means that it only takes one day to Changsha in the north or Guangzhou in the south.

 

Water-supply and drainage system, sewage treatment system, waste landfill, substation and other infrastructures have been newly built. The industrial water and power will be charged according to the lowest state-level standard.

 

The gross revenue of technology, industry and trade in the county totaled 25.0626 billion yuan in 2008, an increase of 46.2% over the same period of the previous year; the industrial added value was 603.19 million yuan, up 45.6% over the same period of the previous year; investments in the fixed assets reached 530.2 million yuan , up 31.1% over the same period of the previous year; the actual investment totaled 26.79 million yuan, up 32.2% over the same period of the previous year; the actually received domestic fund was 76.21 million yuan, an increase of 43.8% over the same period of the previous year; the output value of the high and new technology reached 117.22 million yuan, up 32.6% over the same period of the previous year; the added value of the high and new technology was 35.16 million yuan, up 32.6% over the same period of the previous year; and the total profits and taxes achieved 63.62 million yuan, an increase of 31% over the same period of the previous year.

 

 

1. The construction of “Million-Investment project” was vigorously promoted, and totally 292 million yuan investment was made in major projects this year. This includes: 69.6 million yuan was invested in PhraseⅠProject of National Recycling Economy Demonstration Zone with a total investment of 200 million yuan; at present, the extension of industrial boulevard roadbed, requisition of the land as well as housing demolition and relocation are carried out. 16.2 million yuan investment was made in Taiyu Camellia Oleifera Company with a total investment of 30 million yuan; and the main projects such as oil refining workshop, leaching workshop, office building, apartment building as well as ancillary facilities like road construction have been built. 28.65 million yuan was invested in the high-purity bismuthyl-and nano-material project of Yongxing Xiongfeng Company with a total investment of 80 million yuan; and the equipment is being installed. 75 million yuan investment was made in Yongyu Hotel with a total investment of 150 million yuan; 7 commercial apartment buildings and ten floors of the hotel have been built. 5 million yuan investment was made in the high-purity silver project with a total investment of 20 million yuan, which has passed the examination and been put into production. 10 million yuan was invested in the development of Yuxiangyuan commercial and residential building with a total investment of 25 million yuan, which has been completed. 20 million yuan investment was made in Yicheng Chemical Fiber Weave Belt Co., Ltd. with a total investment of 40 million yuan, which has been established and put into operation. 15.5 million yuan investment was made in the second phrase project of Yuantai Applied Materials Co., Ltd. with a total investment of 95 million yuan; and the road is being made. 22.15 million yuan investment was made in Huada Gift Wrapping Co., Ltd. with a total investment of 80 million yuan, whose office building and steel-framed workshop have been completed. 30 million yuan was invested in the Yindu shopping street with a total investment of 65 million yuan, whose basic project is under construction.

 

2. The infrastructure work was carried out in an all-round way this year. Projects such as Longshan Road, Taoyuan Road, Jianshe Road, a gymnasium, West Round-the-city Road, and South Bus Station have been started up in succession and 2,312 mu of land has been taken over.

 

3. Great achievements have been made in attracting investment. Seizing the favorable opportunities of gradient transfer of industries in developed costal regions and developing under the promising backdrop, the development zone made great efforts to invite investment actively with an innovative way. By the end of August this year, the zone has introduced four new projects with a contracted investment of 400 million yuan and the actually utilized fund of 200 million yuan. Meanwhile, with the improving development environment , the zone was committed to vigorously promoting the work of “building  well the nest for attracting the phoenix”. The development zone is gradually becoming a platform for investors to show their talents, a rich land for building brilliant carriers, and a homeland for comfortable life.