The Official Website of the People’s Government of Hunan Province Mobile 中文 Francais 한국어 日本語

15 July 2015

Home>Business>Statistics Updates

“Year of Industrial Projects Construction” in Full Swing

2018-04-18 Download Print

The “Year of Industrial Projects Construction” in Hunan is in full swing. In the first quarter, 23 Top 500 enterprises began 24 projects with a total investment of nearly 75 billion CNY. Fifteen are industrial projects valued over 61 billion CNY in total.

In the first quarter, Hunan had a "good start" in investment promotion. More than 169 billion CNY is estimated to have been paid in. Actually utilized foreign investment was 3.99 billion USD, an increase of 14.7% over 2017. Paid-in domestic capital was 144.2 billion CNY, a year-on-year growth of 16%.

In the first quarter, 23 Top 500 enterprises began 24 projects in the province. This includes of 9 global Fortune 500 companies with 10 projects, 11 national Top 500 companies had 11, and 3 Top 500 private companies had 3. Ningbo Shanshan Holdings Co., Ltd. has invested 20 billion CNY to establish a cathode material production plant, with an annual output of 100,000 tons, in the Changsha National Hi-tech Industrial Development Zone. Beijing Tsinghua Technology & Innovation Holdings Co., Ltd. (THTI Holdings) provided 16.5 billion CNY to build a THTI (Changsha) innovation site in the Changsha National Hi-tech Industrial Development Zone.

Hunan now has 194 global Fortune 500 companies, 217 national Top 500 companies, and 88 Top 500 private companies.

Please refer to www.enghunan.gov.cn when using the article.

Translator: Yu Jiangjiang

Chinese source: hunan.gov.cn