Investment promotion is an accelerator for local economic development, an important lever for industrial transformation and upgrading, and also the driving force for urban development.

 

In 2024, Yongxing County attracted investment through the industrial chain. It innovated investment methods, strengthened investment services, optimized the business environment, and focused on the implementation and construction of key projects. 

 

 

Yongxing introduced one project from “global 500, top 500 in China, and top 500 private enterprises”, 32 projects worth over 200 million yuan each, and signed a total investment of 14.604 billion yuan. It also attracted 11 newly projects from Hunan-born merchants and received a total fund of 4.5 billion yuan, with actual utilization of foreign investment of 7.07 million US dollars.

 

The non-ferrous metal waste slag arsenic removal and harmless disposal project construction of Hunan Hunong New Energy Technology Co., Ltd. was in full swing in the Bolin Park of Yongxing County. This project, with a total investment of about 300 million yuan, is mainly invested and built by Shenzhen Zhongyuan Rare Metal Material Technology Co., Ltd. and Chenzhou Hongnong Agricultural Development Co., Ltd.

 

Due to being adjacent to Guangdong, Hong Kong, and Macao, Yongxing County introduced 10 key projects from the Greater Bay Area, involving multiple fields such as non-ferrous metals, chemicals, environmental protection, and electronics.

 

In order to attract high-quality enterprises and funds, Yongxing has made efforts to attract investment and go global. 

 

In 2024, it visited Shanghai, Shenzhen, Zhuhai, Guangzhou, Hangzhou and other places multiple times for investment attraction.

 

Yongxing has conducted comprehensive surveys to improve the Yongxing-born merchant resource pool and carried out a series of activities integrating investment promotion and the activity “Hunan-born Merchants Returning to Hometown”, which has motivated many Yongxing-born merchants to return to Yongxing for investment through chambers of commerce. It introduced 12 projects invested by Hunan-born merchants returning to hometown in 2024.

 

The targeted investment promotion is the “source of vitality” for economic growth.

 

Yongxing has targeted the metallurgical, materials, chemical, and environmental fields to attract investment.

 

 

It has attracted top domestic related enterprises and introduced industry-leading enterprises in the rare and precious metal industry to revitalize existing enterprises and land resources. For example, the comprehensive recycling project for tin ingots and precious metals, and the green recycling and testing service project for precious metals were signed on the site at the 2024 Chenzhou Merchants Conference, with the investment of 1.708 billion yuan.

 

Led by Hunan Haili High-tech Industry Group, Yongxing has introduced upstream and downstream enterprises in the industrial chain to drive the upstream fine chemical intermediate and downstream new materials, so as to form a regional fine chemical industry cluster.

 

Besides, it also supports and cultivates enterprises and projects with key technologies and great development potential.

 

The Jinli Health and Wellness Tourism Resort project and high-quality hotels are under construction. The electric motor production project of Hunan Futai Electric Motor Co., Ltd. and the electronic devices manufacturing project of Chenzhou Fulihua Electronics Co., Ltd. has been put into operation. Six existing enterprises, including rare and precious metal green recycling and testing service project of Yongxing Guiyan Resources Co., Ltd. and the distributed photovoltaic power station construction project of Yongxing Tengchi Photovoltaic Power Generation Technology Co., Ltd. have been launched.

 

 

In addition, Hunan Salt Industry Group has also been introduced to revitalize multiple idle land plots. Hunan Changwei New Material project has been restarted. Blue Sky EPT and Yuxuan High-tech Electronics Co., Ltd. have been scheduled to start construction.

 

A good business environment can create a “strong magnetic field” for attracting investment.

 

Yongxing has made efforts to enhance the soft power of the business environment based on enterprise demands such as park environment, factor guarantee, and financing services.

 

It has upgraded the greening, lighting, beautification, purification, and orderliness of parks with the investment of more than 10 million yuan. The comprehensive pipe gallery, water supply, fire protection and other supporting facilities in Xiangyindu Chemical Industrial Park have been implemented. The upgrading and renovation of the sewage treatment plant, and its supporting facilities such as ecological roads, Tiandong Road and rainwater and sewage pipe networks in the Botai Park have comprehensively been promoted. The parks have taken on a brand-new look.

 

Efforts are being made in parks to reduce costs and provide good services for enterprises. The “one policy for one enterprise” electricity consumption method has been adopted. The energy storage projects are the targets of Yongxing County. The construction of the “Tuqiao-Yongxing” natural gas long-distance pipeline and the pipeline gas supply plan in Botai Park are proceeding in an orderly manner, laying a solid foundation for enterprises to reduce operating costs and improve efficiency.

 

At the same time, Yongxing has strengthened financing services, established a platform for communication and cooperation among governments, banks, and enterprises, and tailored various financial products for enterprises.

 

Investment promotion is the driving force behind the high-quality development. Yongxing will continue to innovate investment promotion work models in 2025.

 

Targeted assistance will be provided to existing enterprises to address the issues of capital increase and capacity expansion. The “one policy for one enterprise” will be adopted to attract investment and extend supply chains according to the development needs of the existing enterprise industry chains, in a bid to create an important growth pole for high-quality development.

 

In addition, Yongxing will focus on the comprehensive recycling and utilization industry of precious metals, fine chemical industry, modern agriculture industry, cultural and tourism industry, and new energy industry to introduce more key projects and high-end resources to promote the comprehensive development of industries. 

 

 

Meanwhile, it will accelerate the construction of the modern industrial system, identify the gaps and weak links in the industrial chain, accurately attract a group of global 500, top 500 enterprises in China, top 500 private enterprises, industry leaders, small giants, and high-precision specialized enterprises to drive the upgrading of the industrial chain level.

 

It will also further optimize project management services, strengthen departmental linkage, clarify investment responsibilities, and establish a direct mechanism for enterprises’ demands and suggestions to improve the completion rate and satisfaction rate of enterprise related matters, and provide comprehensive and high-quality service guarantees for enterprises.

 

In the future, Yongxing will introduce more mutually-beneficial projects to promote its high-quality development.

 

Chinese source: rednet