The "Implementation Plan" clarifies the objectives of taking "developing a more vigorous foreign trade " as a starting point to promote industry-trade integration and key foreign trade enterprise introduction as well as innovate “enclave” construction. By 2023, the number of key foreign trade enterprises introduced will exceed 30. Enterprises with foreign trade performance will exceed 10,000. Of the total, the number of enterprises each with annual import and export volume of more than 100 million yuan will exceed 1,000, and the province’s total import and export volume will surpass 700 billion yuan.
The "Implementation Plan" proposes three major measures, including:
-- promote industry-trade integration, expand international market, increase financial support, optimize comprehensive foreign trade services, expand business models, and improve business capabilities;
-- introduce key foreign trade companies, implement investment liaison system, diversify the forms of investment attraction, and establish regular introduction mechanisms; and,
-innovate "enclaves" construction, including introducing relevant guidance on cooperation between enclaves and other areas, and taking the airport area of Hunan Pilot Free Trade Zone Changsha area as an "enclave economy" pilot area to drive the development of other regions, and carrying out joint investment promotion based on the introduction of key foreign trade enterprises.
This article is from Hunan Provincial Government. www.enghunan.gov.cn.
Translator: Xiao Juan
Chinese source: hunan.gov.cn
