129,200 Enterprises Founded in 2018
The 2018 Hunan Youth Entrepreneurship Analysis Report was released on July 16. It shows that in 2018, Hunan’s youth has high entrepreneurship enthusiasm. The number of young people investing in or establishing enterprises is 191,600, accounting for about 74% of the provincial total entrepreneurs. A total of 129,200 enterprises were established, accounting for 82.1% of the total entrepreneurial enterprises in the province.
Hunan Foreign Trade up 40% in H1
The Changsha Customs announced on July 15 that Hunan’s import and export volume was 182.3 billion CNY in the first half of 2019, up by 40.1% from the same period last year. The growth ranked second in the country. In June alone, Hunan’s foreign trade totaled 40.93 billion CNY, an increase of 61.6%.
Hunan Government Awards High-Tech Enterprises
The “Reward Measures for Economic Contributions of High-tech Enterprises in Hunan Province” was announced at the Hunan Provincial People’s Government fourth plenary meeting on July 13, 2019. It defined the reward mechanism, saying that qualified high-tech enterprises in Hunan Province will receive rewards of at least 1 million CNY from the government.
Hunan’s Food Imports and Exports Reach 614 Mln USD in 1st Half
The Changsha Customs announced on July 11 that, during the first half year, Hunan’s food imports and exports totaled 614 million USD. Dairy products are the largest amount of imported category, while vegetables are the largest amount of exported products.
Changsha, SIC Cooperate in Smart City Construction
On July 10, the Changsha Municipal People’s Government and the State Information Center (SIC) signed a strategic cooperation agreement in Changsha. Under the agreement, the Changsha government and SIC will carry out comprehensive, in-depth and multi-field cooperation in smart city development, big data, digital economy, and e-government.
8th Changsha Financial Service Festival Kicks off
The 8th Changsha Financial Service Festival – Changsha County Financial Assistance to the “Year of Industrial Project Construction” and the “Year of Business Environment Optimization” (“Two Years”) Activities opened on July 10.