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Hunan Pilot Free Trade Zone Changsha Area Management Committee Inaugurated

Updated: 2021-03-31

A Hunan Pilot Free Trade Zone Changsha Area meeting to issue new talent policies was held at the Greenland Changsha Intercity Space Station Qianping Square on March 30. A project signing ceremony was held simultaneously. Wu Guiying, member of the Standing Committee of the CPC Hunan Provincial Committee and secretary of the CPC Changsha Municipal Committee; and, Hunan Vice Governor He Baoxiang attended.

Changsha Vice Mayor Zhu Dongtie announced talent policies of the Hunan Pilot Free Trade Zone Changsha Area. Zhou Yuwen, a Price Waterhouse Coopers Consulting (PwC) partner, announced the Changsha Area’s half-year achievements.

Twenty-five projects were signed on site with an investment totaling 33.09 billion yuan. They involve such fields as intelligent manufacturing, headquarters economy, commercial and trade services, China-Africa economic and trade cooperation, and biomedicine. All of them are large and good projects featuring high-tech, new industrial formats and strong driving force. The Hunan Pilot Free Trade Zone Changsha Area Management Committee was officially inaugurated.

So far, the Changsha government has broken down 113 pilot reform tasks into 320 specific implementation measures, with more than 80 percent of the tasks already implemented. Forty-three institutional innovations that can be replicated and promoted or are best practices have been achieved. Eight of them are pioneering in the province or even the country, with high innovation value and strategic significance. They focus on the tasks of deepening China-Africa economic and trade cooperation, building world-class advanced manufacturing clusters and transforming government functions.

In order to attract more international talents to participate in Changsha Area construction, talent policies announced this time provide a strong support for high-level and international talent recruitment, young talent reserve, and innovation and entrepreneurship. Funds and house purchase subsidies, as well as services concerning entry and exit, residence, and family members will be offered. The policies will help keep up development momentum for the Changsha Area.

Translator: Kuang Zhenzhen

Chinese source: hunantoday.cn