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15 July 2015

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Hunan Achievements in Attracting Investment

2018-11-20 Download Print Comment
On October 11, the Changsha Municipal People's Government and the Continental Group held a signing ceremony for an all-round cooperation project. It aims to cooperate on smart city’s innovation and demonstration construction. 
In order to upgrade the industrial chain via cooperating with the three categories of Top 500 enterprises, 138 new projects have been announced for Hunan Province in the first ten months this year, with a total investment of 351 billion CNY. The three categories of Top 500 enterprises are Fortune Global 500, Chinese Top 500, and Chinese Private Top 500 enterprises, respectively. 
Here are the specifics:
1. Sixty-eight projects of 38 Fortune Global 500 enterprises have been attracted;
2. Fifty-eight projects of 43 Chinese Top 500 enterprises have been attracted;
3. Twelve projects of 10 Chinese Private Top 500 enterprises have been attracted;
4. Eleven enterprises first settled in Hunan; they are the Continental Group, Renbao Group, Prudential Financial, Flextronics International Ltd., Schneider Electric, China Zheshang Bank, Elion Resources Group, Tunghsu Group, Zhongnan Group, Liuqiao Group and Dalian Huanjia Group.
5. Ten projects were worth over 10 billion CNY each; and,
6. The biggest project, Xiangyin Cultural Tourism valued at 30 billion CNY, was invested in by Evergrande Tourism Group.
Two projects worth over 20 billion CNY each; they are Yunlong Greenland invested in by Greenland Group, and Shanshan Energy Production Base invested in by Shanshan Group.
This article is from Hunan Provincial Government.
Translator: Shang Dingqiang
Chinese source: