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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