With more efforts on investment promotion and facilitation, investment has injected new impetus into Huaihua’s economic development.
Huaihua holds an investment promotion and industrial development conference on February 19. (Photo/Yang Zhiwei, Huaihua Daily)
Investment propels economic growth. The CPC Huaihua Municipal Committee and the Huaihua Municipal People’s Government have determined that 2024 is the year of investment in Huaihua, and the city will step up efforts to attract more investment in order to facilitate the construction of the Huaihua International Land Port and the development of “5+N” modern industrial system and to stimulate economic growth.
From January to February, the city introduced 100 new projects with a total investment of 33.733 billion yuan, a year-on year increase of 23.15% and 7.89% respectively. Among them, there were 14 projects each worth over 1 billion yuan, with a total investment of 20.5 billion yuan; and 4 projects were implemented by enterprises among the Fortune Global 500, China Top 500 Enterprises and China Top 500 Private Enterprises lists, with a total investment of 3.27 billion yuan.
Municipal leaders responsible for specific industry chain went to central enterprises and industrial leading enterprises to meet with their management in an effort to bring investment projects to Huaihua.
On March 19, Xu Zhongjian, secretary of the CPC Huaihua Municipal Committee, went to the trading center of Polygonatum sibiricum in Xinhuang County, Xinhuang Ziqiang Packaging Co., Ltd., Xinhuang Sanxin Barium Co., Ltd., and Changsha Daoshang Recycling Technology Co., Ltd. to learn about their investment projects in the Xinhuang chemical park. From March 25 to 26, Mr. Xu led a group to visit China Paper Investment Co., Ltd. and COFCO Corporation, and carried out investment promotion activities in Beijing,
From March 12-13, Li Chunqiu, deputy secretary of the CPC Huaihua Municipal Committee and mayor of Huaihua City, led a team to visit China Co-op Group, China National Pharmaceutical Group Co., Ltd. (Sinopharm) and Xiuzheng Pharmaceutical Group to deepen their cooperative relations with Huaihua. On March 20 and March 25, Mr. Li went to Huaihua Hi-tech Industrial Development Zone and Mayang County to inspect industrial projects and discuss with relevant departments on how to solve the problem of financing.
He Zunqing, deputy secretary of the CPC Huaihua Municipal Committee, secretary of the Political and Legal Affairs Committee and the leader of the task group of the TCM industry chain, went to Beijing, Tonghua of Jilin Province and Bozhou of Anhui Province to carry out investment promotion work. Zhang Songyuan, member of the Standing Committee of the CPC Huaihua Municipal Committee, minister of the Publicity Department of Huaihua Municipal Party committee and the municipal leader in charge of cultural tourism, met with potential partners in Beijing to discuss operation of cultural tourism projects. Zou Xingwang, member of the Standing Committee of the CPC Huaihua Municipal Committee, deputy mayor and the municipal leader in charge of the luggage and bag industry, went to Hubei, Shanghai and Zhejiang to meet with entrepreneurs who are interested in setting up factories in Huaihua. Han Xiaobo, deputy mayor and the municipal leader in charge of the trade and logistics industry, visited the China International Freight Forwarders Association in Beijing.
The task group of the seed industry went to Sanya City and reached preliminary cooperation intentions with Syngenta Group, Bolian Gene Technology Co., Ltd., Huazhi Manufacturing Company, Beijing Kings Nower Seed Science and Technology Co., Ltd. and other companies. The task group of the electronic components industry reached a preliminary cooperation intention with Guangzhou Qizhong Electronics Co., Ltd. The new energy and equipment industry reached cooperation intentions with AKCOME Group and Yunxia Electric Energy (Yunnan) Company. The machinery and equipment industry had meetings with the Provincial Department of Industry and Information Technology and 30 enterprises such as ZOOMLION, China Railway Construction Heavy Industry Corporation Limited and Sunward Intelligent Equipment Co., Ltd.
During the discussions with entrepreneurs, they expressed that Huaihua has a strong economic growth and the momentum of industrial development is promising. They would take measures to deepen the all-round cooperation with Huaihua, implement major projects, and increase investment so as to move forward side by side along the road of common development.
Huaihua has optimized its “5+N” modern industrial system in line with the provincial strategy of developing the “4×4” modern industrial system to lay a solid foundation for investment attraction. Based accurate analysis, Huaihua has introduced 158 investment projects according to its overall industrial development plans.
On March 13, in the 2024 Cold Chain Entrepreneurs Summit and Hunan Huaihua International Land Port Green Food Industry Investment Matchmaking Meeting, Huaihua International Land Port signed a strategic cooperation agreement with the Cold Chain Logistics Committee of CFLP and signed contracts with 9 projects such as the E-commerce Industrial Park Project. On March 17, the Huaihua-Hong Kong Cooperation Demonstration Zone Project jointly implemented by the Huaihua Municipal Government and Hong Kong Xinhua Group kicked off, aiming to attract leading enterprises in the fields of biopharmaceuticals, new materials and LTL logistics to set up branches in Huaihua. On March 22, the municipal agriculture and forestry development and investment group and Guangxi Zhaohe Seeds Industry Co., Ltd. signed a strategic cooperation agreement, selecting Huaihua Agriculture and Forestry Development and Investment Group as the only strategic partner of Zhaohe Seeds in the western Hunan region and completing the on-site order amount of over 30 million yuan.
From January to February, the city introduced 95 industrial chain projects with a total investment of 32.963 billion yuan, accounting for 95% and 97.71% respectively.
The combination of bringing-in and going-out investment approaches
Based on last year’s efforts of investment promotion offices, Huaihua has established 4 task groups headed by municipal leaders with stationed staff in 4 key regions, namely the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and the Chengdu-Chongqing economic circle.
After the convening of the investment promotion and industrial development conference, 4 task groups arrived at corresponding regions on February 21 and then started to conduct investment matchmaking.
Liang Jinfang, head of the task group for the Beijing-Tianjin-Hebei region, invited the Off- Campus Practical Education Fund of China Cares for the Next Generation Working Committee and the executive committee of the Comprehensive Practice Base for Labor Education in Primary and Secondary Schools and Colleges to visit Huaihua Bosikang TCM Research Base for Study Tours, Beidouxi Town of Xupu County, Hongjiang Ancient Commercial Town, Dragon Kiln ceramics base of Chenxi County, and Anjiang Agricultural School Hybrid Rice Memorial Park.
Huang Meifang of the task group for the Guangdong-Hong Kong-Macao Greater Bay Area said that the task group worked to improve the profile of the Huaihua International Land Port and bring more investment projects to Huaihua.
Zhou Huaizhi, head of the task group for the Chengdu-Chongqing economic circle, contacted the Huaihua Chamber of Commerce in Chengdu-Chongqing region and introduced enterprises in the fields of electronic information, traditional Chinese medicine, cultural tourism and recreation, and energy to invest in Huaihua.
Liu Peidong of the task group for the Yangtze River Delta said that the task group actively conducted investment matching.
So far, the investment task groups visited 120 business associations and enterprises and conducted implementation coordination for 37 investment projects.
Hunan entrepreneurs bring back business opportunities
Huaihua will hold the Global Forum for Hunan Entrepreneurs in September. All the preparatory work is well underway. The city has reached out to entrepreneurs to learn about their needs and introduce Huaihua’ preferential policies.
Huaihua holds the Homecoming Entrepreneurship Symposium on February 8. (Photo/Yang Zhiwei, Huaihua Daily)
Liu Daiquan, Chairman of the Board of Hunan Zhongjiao Jingwei Information Technology Co., Ltd. and Jin Tao, Manager of Touch View (Trading) Hong Kong Co., Ltd. were impressed by Huaihua’s development and the role played by the Huaihua International Land Port for the economic growth of the city.
Counties/districts under Huaihua’s administration, the Huaihua International Land Port Economic Development Zone, the Huaihua Hi-tech Industrial Development Zone signed 15 projects with enterprises with an investment of 5.635 billion yuan at the symposium.
During the Spring Festival, the municipal leaders had meetings with returning entrepreneurs to introduce Huaihua’s preferential policies and business opportunities.
On February 13, leaders of the CPC Huaihua Municipal Committee and the Huaihua Municipal People’s Government met with 13 famous entrepreneurs who had returned to their hometowns during the Spring Festival to talk about cooperation opportunities.
On February 17, the City issued the Action Plan of the Investment Promotion Year, specifying the responsibilities of relevant departments to attract investment.
Xinhuang County holds the Investment Promotion Meeting targeting the Guangdong-Hong Kong-Macao Greater Bay Area and the Forum for Hunan Entrepreneurs in Shenzhen.
Xinhuang County held the Investment Promotion Meeting targeting the Guangdong-Hong Kong-Macao Greater Bay Area and the Forum for Hunan Entrepreneurs in Shenzhen and signed 12 projects with the total investment of 10.05 billion yuan.
Yuanling County organized the Investment Promotion Meeting at the headquarters of Shenzhen Huada Gene Science and Technology Co., Ltd. and signed 11 projects with an investment of 5.05 billion yuan.
The Huaihua Hi-tech Industrial Development Zone provided financial services for enterprises, including enterprises on the white list for finance support. So far, 31 enterprises have been included on the white list with loan risk compensation at provincial and county levels.
The Hongjiang Hi-tech Industrial Development Zone and departments of human resources and social security at various levels established a workforce database, held job fairs at 20 towns and recruited over 200 workers.
So far, the city has established a database involving relevant information of 874 Huaihua entrepreneurs. County leaders have solved over 40 issues related to labor recruitment, financing, land use and infrastructure construction. The city has organized over 300 investment promotion and facilitation activities, meeting with more than 2,000 Hunan entrepreneurs, and signed 95 projects with the total investment of 24.8 billion yuan.
(Translated by Yang Hong)