Real estate development promotion meeting- 2012 Hunan Chenzhou undertaking industrial transfer investment promotion meeting was held in Chenzhou city. Hunan Poly Estate Development Co., Ltd of Poly Group and other 126 enterprises were invited to attend this meeting on May 29, 2012. 70 letters of investment intent amounting to 63.6 billion yuan and 13200 mu areas were signed during this meeting. Zhang Ai'guo- Member of Chenzhou Municipal Party Committee Standing Committee and Deputy Mayor of Chenzhou city hosted the meeting. Xiang Lili- Secretary of Chenzhou Municipal Party Committee, Qu Hai- Deputy Secretary of Chenzhou Municipal Party Committee and Mayor of Chenzhou, and Mao Tengfei- Deputy Mayor of Chenzhou were present at the meeting.

Accompanied by Zhang Ai'guo, the participants inspected the exhibition center of Chenzhou programming, Chenzhou city construction and management, and some key projects in the center city.

It was learned that there were 106 center city projects and 21 projects of counties with 1209.98 hectares listed in this promotion meeting, which were concerned with commercial residential buildings, commercial services, star level hotels, and vocational villages, and etc. This recruitment meeting highlighted the first and second types of projects, mainly located in urban infrastructure and public service facilities.

In order to attract the real estate investment, Chenzhou launched a series of policies and measures so as to speed up the supply of estate development land, to accelerate the examination and approval of real estate projects, to standardize the charges of real estate projects, etc..

It was also learned from the meeting, Hunan Poly Real Estate Co., Ltd of Poly Group had the intention to invest in Chenzhou and the leader of Chinese real estate industry- Country Garden reached two investment intent letters with 5.8 billion yuan while Chenzhou Hongda Real Estate Co., Ltd concluded with an investment intent letter amounting to 1.2 billion yuan on Guiyang historical garden project.