Over 90% of Foreign-invested Enterprises Resume Productio...
Data from the Hunan Commerce Department show that, as of February 18, among the 2,407 key investment attraction enterprises (mainly production enterprises above a designated scale) that are managed by the department, 2,157 enterprises had resumed production, accounting for about 90%. Among the 200 key foreign-invested enterprises, 190 had resumed production, accounting for 95%.
Changsha Issues 13 Measures to Stabilize Foreign Trade
On February 24, the Office of the Changsha Leading Group for Open Economy Development issued Several Policies and Measures to Support Foreign Trade Enterprises in Combating the COVID-19 Epidemic and Overcoming the Difficulties Together. It introduced 13 measures to promote steady growth in imports and exports, as well as foreign trade transformation, upgrading, and high-quality development.
Changsha to Develop Intelligent Medical Industry
A key industrial project signing ceremony was held at the Yuhua Economic Development Zone, Changsha, on February 23. Three projects with an estimated total investment of 4.5 billion CNY were contracted. The three projects are Cofoe’s new intelligent medical equipment industrial base; Hunan Hengkang Intelligent Medical Industrial Base; and, a test and detection and intelligent manufacturing base.
Changsha Introduces 26 Measures to Stabilize Economic Ope...
On February 20, 2020, the General Office of Changsha Municipal People's Government issued 26 measures to reduce the impact of the COVID-19 epidemic and stabilize economic operations. They are valid until December 31, 2020.
Hunan's Tourism Industry Proposes Five Initiatives for Wi...
On February 18, Hunan's tourism industry, in the name of the Hunan Association of Travel Services, issued an open letter to thank overseas cultural and tourism partners for their willingness to move forward side by side with Hunan at this critical moment. It also put forward five initiatives to promote partners to be tourism destinations to each other.
Changsha Unveils Measures in Support of SMEs to Combat Ep...
Changsha government unveiled 20 measures on February 15, to maintain employment, lighten the burdens on enterprises, optimize financial services, and promote sustainable development. These policies will help SMEs cope with COVID-19 epidemic and overcome the difficult times.