• Chinese
  • Home
  • News
  • Travel
  • Life
  • Culture
  • Foreign Affairs
  • Study
  • Yichang FTZ
  • FAQ
Home/City > News >
368 Billion-Yuan Projects Started
2015-01-19 11:33:39

  The demonstration meeting on research & supervision of industrial investment projects was held in Yichang on January 5. At the meeting, some experience about industrial investment in 2014 was summarized and many typical cases about attracting investment were analyzed. Besides, people in Yichang were mobilized to actively participate in and support the work of industrial investment. Liu Jianxin, Vice Mayor of Yichang, attended the meeting and delivered a speech.

  Yichang Merchants Bureau integrated resources and established 8 sub offices of industrial investment in 2014. Vigorous investment brought out some initial achievements. It is expected that there will be 1040 key investment projects under construction in Yichang. The total investment reached RMB 320 billion ($51,520,000,000), which increased by 6% over the levels of the same period last year. There are 368 newly-started billion-yuan projects. Moreover, the number of newly-signed projects got to 300, and the agreement investment amount totaled RMB 75 billion ($12,075,000,000). Particularly, some big investment & brand projects of some international & domestic leading enterprises landed in Yichang, including HKC Electronic LCD Monitor & LED Backlight, Beinmate Baby Industrial Park, Sinopharm Group of Chinese Herbal Medicine Production, The Store, Kyland, Alibaba Industrial Belt, Taobao with Chinese characteristics, Shanghai Huayi (Group) Company. In addition, some well-known enterprises such as Guangzhou Pharmaceutical Holdings Limited and Reignwood developed a wide range of strategic cooperation with the enterprises in Yichang.

  Liu said that the investment is of great importance to the overall work, which is not only the business of investment departments, but also involves the city\'s various departments at different levels. Last year, at the municipal government\'s request, the various departments attached to the municipal government and committee actively helped to collect and provide investment information. So far, some projects have been contracted based on the 14 pieces of information offered. This program has shown its initial good results and has great potentials, the cadres\' administrative competence has been enhanced and people\'s team spirit has been developed through this project. All departments and working units concerned need to strengthen their awareness in order to enhance the sense of ownership and responsibility. They should jointly create an ideal environment for investment and other service projects.

  In 2015, more importance will be attached to the quality of investment projects hoping that the number of newly-started billion-yuan projects will reach as many as 370. Actual funds for these projects will amount to RMB 120 billion ($19,308,000,000). All these will assure a proper growth. The Yichang Merchants Bureau has set up 11 residential investment windows in Shanghai, Shenzhen and other places with investment information channels covering all developed regions in China. (Reporter: Sun Xiaoling)