BIZCHINA / Investment Alerts
Zone offers tailored service to investors
By Te Kan (China Daily)
Updated: 2006-06-16 11:33
Changsha Economic and Technical Development Zone aims to turn itself into
a paradise for foreign investors in Central China.
Since its establishment, the administrative committee of the zone has
been adhering to the guideline of "highlighting industrial projects,
foreign investment and foreign trade, as well as dedicating itself to new
and high-tech development."
"We will build the zone into a popular destination for investment for the
world's top 500 enterprises," said Wen Shuxun, director of the
administrative committee.
With the focus on industrial development, the zone has thrived into a
growth area of Changsha, the capital of Hunan Province.
An air view of Changsha Economic and Technical Development Zone in
Central China's Hunan Province. The development zone will turn itself
into a paradise for foreign investors in Central China. [China Daily]
Among 36 of the world's top 500 enterprises that have invested in Hunan
Province, 14 have chosen the zone, accounting for more than one third of
the total.
According to Wen, the total industrial output value, tax and export
volume generated by these enterprises last year accounted for 38 per
cent, 36 per cent and 70 per cent respectively, of the zone's total.
Well-developed infrastructure and top-notch services are the keys to the
zone attracting investors, said Wen.
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