Hunan Mingketai Precision Machinery Co., Ltd., located in Shigaitang Industrial Area, Chenzhou EDZ, is one of them. The enterprise’s intelligent manufacturing base project covers an area of 24,000 square meters with a total investment of 138 million yuan. It originally planned to settle in Shunde, Guangdong province. Finally, it decided to settle in Chenzhou because of the excellent business environment. 

 

After being completed, the project can produce 20,000 sets of new energy motor assemblies and 5,000 complete machines for BYD, and achieve an additional sales revenue of nearly 200 million yuan. 

 

In August this year, the Chenzhou government issued a guideline to promote the construction of key projects. Then, Chenzhou EDZ quickly took various measures to promote the construction of 58 projects.  

 

Chenzhou EDZ also actively makes contributions to urban quality improvement. It has 19 projects that will promote regional development, industry-city integration, improve pipe network and road network. The total investment of these projects is nearly 6 billion yuan, and the annual planned investment is 15 billion yuan. The number of projects, the total investment and the annual investment all rank among the top.   

 

China Resources Sanjiu (Chenzhou) production base in South China is a relocation and technical transformation project in the new area of Chenzhou Wuhan-Guangzhou High-speed Railway West Station. Owing to the good business environment, China Resources still chose Chenzhou EDZ after the project was approved. 

 

The project covers an area of 180,000 square meters with a total investment of 1 billion yuan. It’s expected that the equipment will be put into trial production in 2022. After completion, the project will achieve an annual output value of 1.2 billion yuan and an annual tax of 100 million yuan, which is four times the production capacity and tax income of the original production base.  

 

In recent years, Chenzhou EDZ has made full use of market-oriented operation and enterprise management reform to attract investment, build projects and serve enterprises. It has made good results in improving the urban quality. 

 

By the end of December this year, 19 quality improvement projects are expected to complete an investment of 2.5 billion yuan, and 648 million yuan in three months. Chenzhou EDZ has seen its project construction enter the fast lane. 

 

In turn, the improved urban quality also effectively promoted the fixed asset investment in Chenzhou EDZ. It’s expected that the fixed asset investment in the park will be 6 billion yuan, an increase of nearly 20%.