Following the commencement of the passenger vehicle project of Guangzhou Automobile Group Co., Ltd. in January and that of the relocation and transformation project of Hubei Sanning Company in February, March 8 witnessed the launchment of a third round of major projects in Yidu, Yichang. Dongyangguang Company started to build a national innovative and generic drug production base and a Yangtze River landscapehealth city project, with a total investment of 29.8 billion yuan. The two projects will be put into operation by 2023 and expected to produce a total annual tax payment of up to 3 billion yuan, rising from that of 0.62 billion yuan in 2017, an increase of 384%. Zhou Ji, secretary of Yichang’s Party Committee, announced the start.

　　Yuan Weidong, standing member of Yichang’s Party Committee and executive vice mayor, delivered a speech on behalf of the municipal Party Committee and the city government. People participated in the commencement activityincluded other city leaders such as Liu Jianxin, Zhou Qing, Wang Yinghua and Xu Wei, as well as Zhang Zhongneng, chairman of Shenzhen Dongyangguang Industrial Development Co., Ltd..

　　Yuan Weidong said in his speech that in recent years, the city government has worked actively to advance the construction of those major projects, and has vigorously promoted the optimization of investment approval processes. A group of high-quality enterprises represented by Dongyangguang Company have taken root in Yichang and have strongly promoted the city’s industrial development. He hoped that the project owners and construction units can organize scientifically, work efficiently and ensure safety so thatevery project can reach a first-class leveland can come into early production. The departments at all levels must always adhere to the idea of getting close to entrepreneurs, respect them and treasurethem, and strive to provide the best, the most convenient and practical services for the project construction and the enterprises, putting the idea of “changing work style and strengthening implementation”into the project construction practice, and striving to create a business environment most conducive to the development of enterprises.

　　Zhang Zhongneng said that Yichang boasts of beautiful mountains, clean rivers and able people. Since its settlement in Yidu in April 2001, Dongyangguang, after 17 years of development, has set up a series of world-class production bases in Yidu. The company, sure to be internationalized, shoulders the sacred mission of constantly using scientific research to improve the quality of human life and health. It must follow the principle of striving for whatever is beneficial to Yichang, sincerely contribute to the development of Yichang and try to realize an annual payment of 3 billion yuan in taxes and fees by 2023 and expect a maximum of more than 5 billion yuan.

　　It is informed that the company plans to invest on the drug production base project a total of 3 billion yuan to form a production scale of about 150 innovative and generic drugs, and to complete the construction of about 25 species by 2020, 125 species in 2025. When all the construction is completed, the base is expected to realize an annual sale income of 5 billion yuan, a profit tax of more than 1.5 billion yuan, and creates about 1,000 job opportunities. At present, the project has completed land requisition and demolition as well as its flat work in the first stage.

　　The total investment of the Yangtze River landscapehealth city project participated in by Dongyangguang Company is 26.8 billion yuan. The project will use BNCT technology as its core engine and make specialist hospitals as its leading industry to realize an integrated development of whole industry chains including medical care, health care, science and education, culture and tourism, and livability, so as to create a domestic first-class and an international leading medical industry park. After its official operation in the first-stage by 2022, it is expected to realize an annual operating income of 6 billion yuan, and to create more than 2,000 jobs. And after the whole project is completed and come into operation by 2032, it will realize an economic benefit of 30 billion yuan, annual tax revenue of 3 to 7 billion yuan, and create more than 5,000 jobs.

　　It is understood that led by a number of good or major projects, Yichang has set off an upsurge of focusing on projects, investment, development and transformation, which is an important measure for the city to accelerate economic development with high quality. The 12 major projects launched this time include bio-medicine, new energy, fine chemicals, agriculture science and technology, warehousing and logistics, and ecological environment, with a planned investment of 37.94 billion yuan. (Reporter: Lei Pengcheng)