With the great support of finance, Chenzhou has conquered the severe difficulties from 2008 global financial crisis and achieved continuous increase year by year.

One billion yuan was invested on industrial park

Chenzhou successfully seized the chance of industrial undertaking transfer in recent years in order to improve its economy development. Now its non-ferrous industrial park is well undertaken with government financial support. From 2009, nearly one billion yuan has been invested on this industrial park development.

In order to improve the industrial park’s infrastructure construction, Chenzhou government kept issuing 50 million yuan/year for its standard workshop construction from 2009. With this support, two million square meters of standard workshops were established every year. Till now, 6.2 million square meters of standard workshops have been already finished with a renting rate of 95%.

Besides the direct investment, Chenzhou financial department facilitated the industrial park with some favorable tax policies like reversing part of taxes to industrial park, reversing full land sale income to the park within 2 years, charging free for administrative fees or less of service fees, etc..

Chenzhou financial department also took much attention to the development of the park’s research center, innovative product, famous brand and other advanced project with great many rewards. The industrial financial department is allowed to set special capital support on high quality of enterprise development.

Most of the enterprises in the industrial park were labor concentrated enterprises. In order to solve the problem of lacking labor forces, Chenzhou financial department strengthened its subsidies support for the enterprises. More vocational college graduates were encouraged to work in the park, more training courses were handled to train more labor forces in the towns and villages, better human resource information net was established and other favorable measurements were carried out to ensure the abundant workforces of the industrial park.

Furthermore, Chenzhou financial department discharged the small amount of secured loan, which greatly helped to solve the capital problem faced by small and micro enterprises.

Meanwhile, more favorable policies were completed to provide the enterprises with an equal and suitable development environment and helped to solve some practical problems as well.

City upgrading helped to attract more investments

City is one of the symbols for modern civilization and a carrier of economy development. Chenzhou Financial Bureau assisted Chenzhou government with the work of “two-city” construction, which efficiently promote the image and competitiveness of Chenzhou city.
Chenzhou financial department helped to collect a great many capitals to support Chenzhou construction by different ways in recent years. About 3 billion yuan were issued to city the infrastructure construction in these four years. Meanwhile, more financial platforms were set for attracting more social capitals to take part in the construction.

Furthermore, the “100 –billion- investment plan” and “10- billion -investment plan” were launched one after another to carry out city, transportation and industry constructions. 22.5 billion yuan was invested on the central city infrastructure improvement, 34.3 billion yuan was on transportation construction to form a new transportation network of Chenzhou city, and some more actions such as “lighting up Chenzhou” were well carried out to optimize Chenzhou city image.

Along with the city upgrading, the improvement of living condition and investment environment, more enterprises from different fields with different advantages of businesses were attracted to settle down in Chenzhou, whose arrival would usher in a new spring for Chenzhou city.