|Major Projects at Jinyi New Districts|
The Jinhua Municipal People’s Government has released a new list of districts that attracted large projects and made effective investments, and those districts have been awarded financial incentives for their achievements. Jinyi New District is among the top ranked on the list. This is the second incentive that Jinyi New District has received from the government, after the incentive for the first quarter of 2022.
At the project site of JD Intelligent Logistics and Manufacturing Base in Jinhua, workers were busy building steel bars and pouring concrete. “We have over 600 workers working on this, and have now completed 90% of the basic structure. The main structure is expected to be completed by the end of the year,” said Gu Hanqian, the project construction leader.
This project is the epitome of the work within the district. With a total investment of 10 billion RMB, a modern and fully intelligent e-commerce industrial park will be built. Industries of 3D printing, daily necessity manufacturing, and robotics are the three main industries in the park, with an expected annual output value of five million RMB per mu (750,000 RMB per acre). It will promote the cluster high-end intelligent development of the logistics industry.
As a young provincial new district, Jinyi New District is thriving and developing rapidly. Since the beginning of 2022, the district has been working hard on enlarging and optimizing investment, inviting more projects, and enhancing public service.
The current investment quality is a good predictor of the industrial level of the future. The district focuses on six major fields: advanced manufacturing, modern service industry, transportation facilities, ecological and environmental protection, urban construction, and social welfare. It actively plans, promotes, and cultivates projects, and forms a scientific industrial structure. By now, 234 construction projects have been included in the Fourteenth Five-Year Plan of the district, with a total investment of about 314.1 bn RMB. The district is now planning 140 projects in 2022, a total investment of 138.5 bn RMB, and 27.6 bn RMB for this year.
The district meanwhile provides good service for the whole-cycle management of the project. Reforms have been made, and the application and approval processes have been simplified. Thus the speed and efficiency of the projects have been greatly promoted. Various problems that occurred during the project implementation can now be resolved in a new e-platform that has been developed for serving the enterprises in the long run.
Before the projects are landed, promotion and invitations are vital. To date, the district has dispatched 36 investment attraction specialists to Beijing, Shanghai, Shenzhen, and Hangzhou to conduct field visits to key regional industries. Since this year, eight manufacturing projects worth more than 1 bn RMB have been signed, including one project worth more than 5 bn RMB. (By Fang Jin, translated by Lin Yuqin, edited by Mariam Ayad)