Huaihua achieved fruitful results in investment promotion in the first three quarters. A total of 443 projects were introduced, with a total investment of RMB131,717 million, an increase of 14.8% and 8.23% over the previous year
Huaihua City achieved fruitful results in autumn, a season of abundance. At the 2nd China Sealwort Industry Development Conference and the 7th Wuling Mountain (Huaihua) International Health Industry Expo held on October 20, six sealwort projects were signed, amounting to RMB1.15 billion.
Since the beginning of this year, CPC Huaihua Municipal Committee and People’s Government of Huaihua City have resolutely prioritized investment promotion to facilitate high-quality development, developed elaborate plans for city-wide investment promotion work, and vigorously carried out the primary task of investment promotion, with new headway made in investment promotion and completion of various tasks and indicators.
To build the “5+10” modern industrial system, Huaihua has adopted a working system consisting of municipal leaders, special leading groups for municipal industrial chains (industries), municipal special leading groups for investment promotion, counties, cities and districts (industrial parks) and made extensive door-to-door visits to merchants for investment promotion. The city has engaged with a range of targeted enterprises in industrial chains and introduced a number of major industrial projects. Main leaders of CPC Huaihua Municipal Committee and People’s Government of Huaihua City have taken the lead in investment promotion. Various industrial chains, counties, cities and districts (industrial parks) have visited enterprises to foster connections. These efforts have led to a strong atmosphere of vigorously promoting investment and developing industries in the city.
Huaihua has leveraged the role of industrial chains to develop industrial clusters. The city has given full play to the leading role of industrial chain leaders. Leaders of various industrial chains have been encouraged to come to the frontline for investment attraction, lead teams to carry out investment promotion activities, coordinate projects of central enterprises and industrial leading enterprises, come to the frontline of project development, and address project difficulties. They have facilitated the signing and implementation of a number of projects. As of the end of September, investment in the bag & leatherware industrial chain reached RMB4,231 million, 141 key enterprises were approached, and a development pattern spanning the entire industrial chain was basically formed, from finished products, pull rods, wheels, linings, masterbatches, zippers, webbings, leather strips and packaging to foreign trade and e-commerce. Well-known enterprises such as CR Sanjiu, Guangzhou Pharmaceutical Group, Shanghai Pharmaceuticals, Beijing Tongrentang, Xiuzheng Pharmaceutical Group, China State Farm, Shandong Bianque and Sinopharm Group have established presence in Huaihua. The city has seen a favorable trend in TCM investment promotion and gained record-high results.
Huaihua has flexibly promoted investment through special leading groups, fellow entrepreneurs and platforms to improve the effectiveness of investment attraction. The special leading groups have given full play to the role of outpost of local investment promotion and gone all out to engage with chambers of commerce, associations and enterprises, thereby facilitating the signing of a number of projects. Main municipal leaders took the initiative to make door-to-door visits to representatives of returning Hunan entrepreneurs and hold a series of activities during the Spring Festival, Dragon Boat Festival, Mid-Autumn Festival, National Day and other important festivals as many entrepreneurs returned home. The city successfully held the 11th Global Forum for Hunan Entrepreneurs, with 19 provincial projects and 102 municipal projects signed, with a total investment of RMB15.95 billion and RMB34.57 billion, respectively.
To ensure the effectiveness of investment promotion efforts, Huaihua schedules projects on a monthly basis, evaluates tasks on a quarterly basis, and carries out comprehensive evaluation on a yearly basis. It has launched an evaluation that encourages relevant parties to “focus on new goals and strive for the ‘Year of Investment Promotion’”, established a weekly work report system for investment promotion, and performed weekly scheduling and reporting. The city has held a variety of investment promotion training courses, such as the special training on promoting high-quality development, which has enhanced the investment promotion awareness and competencies of leaders and officials of relevant municipal departments, industrial chains, counties, cities and districts (industrial parks). It has developed the “two diagrams, two databases, two teams and three pools” and made the industrial chain merchant database and investment promotion project database accessible to the special leading groups for investment promotion for targeted engagement. Counties, cities and districts (industrial parks) have also made efforts in policies, environment and finance to enhance basic support for project attraction.
In the first nine months of 2024, Huaihua introduced a total of 443 projects, with a total investment of RMB131,717 million, up 14.8% and 8.23% year-over-year, respectively. Among them, 65 projects have a scale of over RMB1 billion, with a total investment of RMB76,638 million; 39 are projects of enterprises included in the Fortune 500, China 500 and top 500 private enterprise lists, with a total investment of RMB18,295 million; and returning Hunan entrepreneurs invested in and registered over 129 enterprises.
(Translated by Professor Yu Jie)