Fifteen Major Projects Hand in Hand with Changsha Area of the Free Trade Zone

Two projects with a total investment of more than 50 billion yuan and an investment of more than 10 billion yuan

Changsha Evening News, November 29 (full media reporter Liu Jieping and Zhou Huixia) On November 29, at the exhibition of high-quality development achievements of high-level opening up in Changsha area of China (Hunan) Pilot Free Trade Zone and the signing activity of major projects, 15 major projects were signed, with a total investment of 50.65 billion yuan, adding strong momentum to Changsha's high-quality development.

Signing the contract and being confident in the development of the Free Trade Zone

The project signed this time has the characteristics of large investment, high export-oriented, covering key industries, etc. Among them, there are 3 projects with an investment amount of 5 billion yuan to 10 billion yuan, and 2 projects with an investment amount of more than 10 billion yuan, respectively, the China (Hunan) Pilot Free Trade Zone Sany Science City project with an investment of 23.5 billion yuan, and the electronic material industry supporting and high-end daily chemical product R&D and production base project with an investment of 10.2 billion yuan.

The signing of this project attaches great importance to the coverage of key industries. Among them, there are 6 manufacturing projects, accounting for 40% of the total number of projects, with a total investment of 42.95 billion yuan, accounting for 85% of the total investment. They are respectively the Sany Science City project, the electronic material industry supporting and high-end daily chemical product R&D and production base project, the China (Hunan) Free Trade Pilot Zone Innovation Center project, the Songe new energy product R&D and manufacturing project Yingshi International Fruit Port Cold Chain Innovation Industrial Park Project and Intelligent Manufacturing Industrial Park Project for Comprehensive Utilization of Bright Heat Energy and Energy Saving and Water Saving Equipment Innovation. In addition, 2 foreign investment projects and 8 foreign trade projects are involved in this investment promotion project.

Thorngo is an auto parts company, which entered the Chinese market in 2004. The company's Chinese headquarters and R&D center are located in Changsha Economic Development Zone. In recent years, Songe has achieved an industrial output value of nearly 4 billion yuan every year.

"The choice of deepening the free trade zone in Changsha is not only due to the advantages of the free trade zone, such as fast transportation network, vigorous economic growth, excellent educational resources and rich talent pool, but also due to our full recognition of the free trade zone's high-quality business environment." Sun Guozhong, president of Songer Automotive Parts (China) Co., Ltd., said that the precise policies of Changsha District in strategic industries, scientific and technological innovation, intelligent manufacturing, talent recruitment and other aspects have made enterprises full of confidence in the development of the Free Trade Zone.

The signed R&D and manufacturing project of Songe new energy products has a total investment of 2 billion yuan.

The new campus project of Changsha Weixi International School, a non industrial project, has also attracted much attention. The total investment of the project is about 700 million yuan, covering an area of 91.22 mu, and it is planned to be officially delivered in the autumn of 2024. After the project is completed, it will be based on the Hunan Pilot Free Trade Zone and radiate across the province to provide a complete, professional and international education for the children of foreign personnel.

"As an important supporting unit of Hunan Pilot Free Trade Zone, the International School complements the development of the Free Trade Zone." Li Huizhu, vice principal of Changsha Weixi International School, introduced that the school had only four students when it was founded in 2010. With the establishment of Hunan Pilot Free Trade Zone approved in 2020, the school ushers in a period of rapid development. The school will make full use of the development opportunities and policy support brought by the Free Trade Zone to establish a new campus, build a national first-class high-level international school, and help the Free Trade Zone to attract investment and talents.

Strengthen the five major industries to support the 100 billion level sprint

Industrial construction is the foothold of free trade reform. In the past two years, Hunan Pilot Free Trade Zone Changsha District has introduced 174 major projects with a total investment of 253.5 billion yuan. Among them, there are 30 "Top 500" projects and 17 projects with an investment of more than 5 billion yuan. A number of major projects including Sany Zhilian Heavy Truck Industrial Park, Changsha International Conference Center, and China Africa Economic and Trade Cooperation Innovation Promotion Demonstration Park have been completed and put into use. At present, 88 major projects are under construction, with a total investment of 132 billion yuan. By the end of October, there were 27000 enterprises, an increase of 92.9% compared with that before approval; There were 314 foreign-invested enterprises, up 48.1% compared with that before approval.

From innovation to industry, everything revolves around industry and all service industries, which is the practical pursuit and final foothold of reform and innovation in the pilot free trade zone.

Next, Changsha will accelerate the construction of an advanced manufacturing and modern service industry opening system, speed up the building of a pilot zone for in-depth economic and trade cooperation between China and Africa, and speed up the building of a high-level opening up pattern. We will foster and strengthen five major industrial supports, including trade with Africa, financial leasing and financial leasing, export of second-hand equipment for construction machinery, "four products and one instrument" (drugs, food, health products, cosmetics, medical devices), and new economy (Yuan Cosmos, etc.), and strive to reach the level of 100 billion by 2026.