Since China (Hunan) Pilot Free Trade Zone Chenzhou Area was established more than a year ago, it has leveraged the location advantage as the “South Gate” of Hunan Province and adhered to the coordination of the "bringing in" and "going global" strategy, empowering competitive industries and stimulating the innovation vitality of enterprises.
The establishment of the free trade zone has brought convenience for the settled enterprises in introducing advanced technology and equipment. Above all, tariff reduction and exemption and equipment subsidies have reduced investment cost of enterprises, which could continuously invest more funds in R&D and production.
In order to combine the platform and location advantages of the free trade zone and expand market, many companies have set up branch offices and production lines in Chenzhou.
While implementing the "bring in" strategy, China (Hunan) Pilot Free Trade Zone Chenzhou Area has aimed to "go global" to promote the in-depth development of two-way opening up.
Meanwhile, it has innovatively carried out the 21 items of Hunan Pilot Free Trade Zone.
In 2022, Chenzhou will put its strategic positioning and missions into practice and proactively cooperate with Guangdong-Hong Kong-Macao Greater Bay Area, in order to advance high-level opening up.
