Dongyang’s Major Industrial Investment
发布日期:2022-09-06 浏览次数:

With a total investment of 2 bn RMB, the Zongmu Technology has entered the construction and implementation phase of its Dongyang Smart Driving System Production Base, which will be built on an area of about 5.7 hectares. Project leader Wu Qiang said that the civil engineering of the project is scheduled to be completed in July next year, and trial production will begin at the end of next year.

For this goal, Wu Qiang showed confidence saying: “Since the initial negotiation, a special working group was established by relevant departments of Dongyang City. The working group followed stated plans and adhered to deadlines, which provided us with prompt coordination and problem-solving during the whole process.”

This project of Zongmu Technology is included a list of major investment projects in Dongyang. The production base is located in the Wuyi Science and Technology Innovation Valley, a part of the High-Speed Railway New City. The production capacity of the first phase of the project will yield 1 million complete vehicles per year. Once the second phase of the project is put into operation, the production capacity of the base will be 2.5 million complete vehicles a year.

Since the beginning of this year, Dongyang has focused on industrial development, paying close attention to the attraction of large-scale projects and innovative small- and medium-sized enterprises. Up to now, a total of 14 manufacturing projects worth more than 1 bn RMB each have settled in Dongyang, and eight manufacturing projects worth more than 1 bn RMB have been signed.

Once projects are signed, it is crucial to properly have them settled and implemented. Dongyang thus adheres to a special mechanism for investment promotion: the main leaders of the city convene a monthly meeting on the work of attracting major enterprises and to solve difficulties and weaknesses in the process of promoting key investment promotion projects. As a result, the success linking Dongyang with investment projects has promoted the rapid implementation of local investment and developmental results. 

In addition, Dongyang aims to improve the recently-established 1+5+X investment joint meeting system: “1” refers to the Municipal Bureau of Commerce (Investment Promotion Center) being responsible for taking the lead in the process of investment attraction and projects implementation; “5” refers to the five local departments (Development and Reform Bureau, Finance Bureau, Assets and Regulations Bureau, State-Owned Assets Supervision and Administration Commission, and Ecological Environment Bureau) which are fixed participating institutions; and “X” refers to a cross connection between industries and local institutions to hold weekly special meetings to coordinate and promote investment promotion, analyze investment plans, and solve related problems in the process of promotion.

According to the Implementation Plan for Concentrated Tackling of Investment Projects in Dongyang City, each monthly meeting provides Dongyang the opportunity to tackle key projects, overcome obstacles of project implementation, speed up the approval process of project start-up, and put funds into operation. (By Ye Yongyong—Jinhua Daily, translated by Marco Lovisetto, edited by Mariam Ayad)

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