Copyright 2024 - Ningbo Life / Ningbo Expat

Yinzhou to accelerate investment introduction

Recently, the four companies on new-energy automobile projects, with a total investment of 3.47 billion yuan from the Firs Group, have completed their registration and will be put into production in June this year. The land transfer for the CIMC cold-chain equipment project, with a total investment of 1.5 billion yuan, has been completed. The agreement has been officially signed for the project of the national information industrial alliance for home nursing. In the first two months of 2016, Yinzhou District introduced a domestic investment of 2.412 billion yuan, with 825 million yuan from the returned businessmen of Zhejiang origin, both up by over 5% over the same period of last year.
Attracting the big investors has been a focus of the investment introduction work of the district. In 2015, the district attracted 25 projects with the total investment of over 100 million yuan, achieving an actual foreign investment of US$541 million and an actual domestic investment of 12. 54 billion yuan. Yinzhou District won the golden prize for both export-oriented economy and domestic economic cooperation, and achieved a total fixed assets investment of 69.31 billion yuan, up by 16.8% over the previous year.
However, as the situation for business and investment introduction has become grimmer, it is harder to attract quality projects and super projects. Meanwhile, the decline of the resource element supply of the district makes it impossible for the district to continue with the extensive business attracting model. "Business introduction is more than introducing some enterprises or projects; it is also the key to our stable development and structure adjustment." said a major district government leader. "Only by means of the joint efforts for introducing big investors are we able to attract more investors and then attract quality investment."

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